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A Request to Amend the 2022-2023 HOME Investment Partnership Program Annual Plan
PURPOSE: The purpose of this item is to request that the Town Council consider approving a proposed amendment to the 2022-2023 HOME Investment Partnership Program Annual Plan that was approved by the Town Council on June 14, 2022. The Plan amendment would reallocate $105,000 originally allocated to EmPOWERment, Inc. to acquire a rental unit in Carrboro to instead acquire an affordable rental property in Chapel Hill.
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DEPARTMENT: Housing and Community Services
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CONTACT INFORMATION: Anne-Marie Vanaman, Interim Director, amvanaman@carrboronc.gov
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INFORMATION: Every year, state and local governments ("Participating Jurisdictions") that receive HOME Investment Partnerships Program ("HOME") funds from the U.S. Department of Housing and Urban Development ("HUD") are required to complete an Annual Action Plan that lays out how they will allocate HUD funds for the upcoming program year to address the goals and priorities in the Consolidated Plan.
Orange County is a special type of Participating Jurisdiction, called a Consortium, consisting of Orange County and the Towns of Carrboro, Chapel Hill, and Hillsborough. Orange County serves as the lead entity for the Orange County HOME Consortium. To enhance collaboration on affordable housing among the jurisdictions in the County, the Orange County Local Government Affordable Housing Collaborative (the Collaborative) was formed in 2017. The Collaborative includes elected officials and staff from the each of the four participating jurisdictions and serves as the HOME Program application review team, charged with developing an annual HOME Program plan. Council Member Susan Romaine represents the Carrboro Town Council on the Collaborative. All participating jurisdictions must approve and authorize submission of the plan or any amendments to the plan prior to submittal to the U.S. Department of Housing and Urban Devel...
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