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Commissioner Worley - Budget & Strategy - To Accept and Appropriate an Essential Family Rehabilitation Grant Awarded by NC Housing Finance Agency ($190,000) (County Match - $2,000)
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STAFF CONTACT
Pat Laws - Budget & Strategy - 704-866-3771
BUDGET IMPACT
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Appropriate Federal Funds. County match of $2,000. The $2,000 matching funds are being funded with the Urgent Repair Program indirect costs funds per Resolution #2021-077 and the funds are currently located in the Capital Improvements funds.
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BUDGET ORDINANCE IMPACT
N/A
BACKGROUND
The mission of the NC Housing Finance Agency (HFA) is to create affordable housing opportunities for North Carolinians whose needs are not being met by the market. As part of its mission, HFA administers the Single Family Housing Rehabilitation Program, whose funds are intended to improve living conditions for low-income elderly and disabled individuals. Single Family Housing Rehabilitation Grants are made available through a competitive application process on a rotating three-year schedule.
POLICY IMPACT
N/A
ATTACHMENTS
Budget Change Request (BCR)