TITLE: Title
Consideration of Approving the Five-Year Orange County Consolidated Plan and FY2021 HOME Activities
PURPOSE: The purpose of this item is for the Town Council to consider approving the draft FY20-21 through FY24-25 Orange County Consolidated Plan and FY21 HOME Activities.
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DEPARTMENT: Housing and Community Services
CONTACT INFORMATION: Rebecca Buzzard, Director of Housing and Community Services, 919-918-7438, rbuzzard@townofcarrboro.org <mailto:rbuzzard@townofcarrboro.org>
INFORMATION:
Consolidated Plan
Every five years, state and local governments (“Participating Jurisdictions”) that receive HOME Investment Partnerships Program funds from the U.S. Department of Housing and Urban Development (“HUD”) are required to complete a Consolidated Plan that assesses the housing and community development needs of their jurisdiction, analyzes market conditions, and lays out a strategic plan that identifies priority needs and associated goals and anticipated allocations of federal and other funds.
The Orange County HOME Consortium (also called the Local Government Affordable Housing Collaborative) is comprised of the Towns of Carrboro, Chapel Hill, and Hillsborough and Orange County. The Consortium completed the Consolidated Plan through extensive data analysis and community engagement conducted in partnership with Apiary Community Consulting and University of North Carolina researchers.
The Consolidated Plan must be approved by the governing bodies of the HOME Program Consortium before it can be submitted to HUD on May 15, 2020. A two-page summary of the Consolidated Plan is included as Attachment C and the full draft of the Consolidated Plan is included as Attachment D.
FY21 HOME Activities
For FY 2020-2021, Orange County anticipates receiving the following HOME resources:
|
FY 2020-2021 HOME Funds |
$ 374,851 |
|
HOME Program Income |
$ 13,000 |
|
Local Match (25% of HOME) |
$ 93,712 |
|
Total |
$ 481,563 |
The above amounts are estimates and may be adjusted according to the actual allocation received from HUD. Each jurisdiction’s contribution of the local match is based on its population. The Town’s contribution to the matching funds is 15% of the total match, or $14,057 (estimated).
The HOME Consortium, comprised of one (1) elected official and staff members from Orange County and the Towns of Carrboro, Chapel Hill, and Hillsborough, reviewed the received applications for the FY 2020-2021 HOME Program on March 26, 2020 and made the following funding recommendations for consideration by each of the jurisdictions’ elected bodies:
|
Habitat for Humanity - Homeownership Assistance |
$ 94,138 |
|
CASA - Rental Development |
$ 200,000 |
|
EmPOWERment - Rental Development |
$ 56,228 |
|
Local Match - Rental Assistance |
$ 93,712 |
|
Administration |
$ 37,485 |
|
Total |
$ 481,563 |
The above amounts may still be adjusted according to the actual allocation received from HUD.
In accordance with the Orange County HOME Consortium Agreement, approved in May 2011, the HOME Program Design for each year must be approved by all jurisdictions prior to submission to HUD. A summary of the FY2021 HOME Program Activities is included as Attachment E.
FISCAL & STAFF IMPACT: Submission of the Five-Year Consolidated Plan will allow Orange County to continue to receive federal HOME Program funds through the Orange County HOME Consortium. Carrboro’s portion of the required HOME matching funds is estimated to be $14,057, 15% of the total local match.
RECOMMENDATION:r Staff recommends the Council approve:
a. The draft 2020-2025 Consolidated Plan for Orange County for submission to HUD. A resolution for approval is provided as Attachment A; and
b. The proposed FY2020-2021 HOME Activities and authorization of this plan to be incorporated into the Annual Update to the 2015-2020 Consolidated Plan for Orange County. A resolution for approval is provided as Attachment B.