A RESOLUTION APPROVING THE ACTIVITIES OF THE 2008-2009 HOME PROGRAM (2008-04-28/R-4)
WHEREAS, the Council of the Town of Chapel Hill held two public forums to receive citizen comments and proposals regarding the use of 2008-2009 HOME Program funds; and
NOW, THEREFORE, BE IT RESOLVED, that the Council of the Town of Chapel Hill approves the following activities to be carried out by the members of the Orange County HOME Consortium in 2008-2009:
1. Housing Rehabilitation |
Community Alternatives for Supportive Abodes (CASA) |
$435,225 |
|
2. Homeownership Assistance |
Orange Community Housing and Land Trust |
$100,000 |
|
3. Second Mortgage Assistance |
Habitat for Humanity |
$120,000 |
|
4. Sewer Construction |
Town of Hillsborough |
$ 56,250 |
|
5. Operational Support |
Orange Community Housing and Land Trust |
$ 33,000 |
|
6. Administration |
Orange County Housing and Community Development |
$ 66,176 |
|
TOTAL |
|
$810,651 |
|
BE IT FURTHER RESOLVED, that the Council authorizes this plan to be incorporated into the Annual Update to the 2005-2010 Consolidated Plan developed with Orange County, Hillsborough and Carrboro for submittal to the U.S. Department of Housing and Urban Development on May 15, 2008.
This the 28th day of April, 2008.