A RESOLUTION APPROVING THE ACTIVITIES OF THE 2009-2010 HOME PROGRAM (2009-05-4/R-3)
WHEREAS, the Council of the Town of Chapel Hill held two public forums to receive citizen comments and proposals regarding the use of 2009-2010 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 2009-2010:
Predevelopment/Infrastructure Costs |
Habitat for Humanity/Phoenix Pl. |
$208,534 |
Housing Rehabilitation |
Orange Person Chatham Mental |
$162,000 |
Homeownership Assistance |
Orange Community Housing and Land Trust |
$100,000 |
Second Mortgage Assistance |
Habitat for Humanity |
$ 60,000 |
Rental Assistance |
Housing for New Hope |
$ 50,000 |
Operational Support |
Orange Community Housing and Land Trust |
$ 30,000 |
Administration |
Orange County Housing |
$ 66,177 |
TOTAL |
|
$861,711 |
BE IT FURTHER RESOLVED, that if the Orange County HOME Consortium receives more than the anticipated grant amount, additional funds would be awarded to Habitat for Humanity for infrastructure costs related to Phoenix Place.
NOW, THEREFORE, BE IT 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, 2009.
This the 4th day of May, 2009.