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Commissioner Worley - Building & Development Services - To Accept and Appropriate Additional Essential Single Family Housing Rehabilitation Grant Funds by NC Housing Finance Agency ($32,792)
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STAFF CONTACT
Marc Bullock - Building & Development Services - 704-866-3559
BUDGET IMPACTbudget
Appropriate additional federal funds in the amount of $32,792.
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. The primary goal of the Essential Single Family Housing Rehabilitation Loan Pool (ESFRLP) is to encourage the essential rehabilitation of scattered-site single family housing units owned and occupied by very low- and low-income homeowners with special needs.
POLICY IMPACT
ATTACHMENTS
Budget Change Request (BCR); Agreement