AGENDA ITEM EXECUTIVE SUMMARY
ITEM TITLE*
title
Approve the 2025-2026 HOME Investment Partnerships Program Annual Plan.
presenter
RESPONSIBLE STAFF, TITLE, DEPARTMENT*
Sarah Osmer Vi?as, Director, Affordable Housing and Community Connections (AHCC) Department
Emily Holt, Affordable Housing Manager, AHCC Department
Melissa Peters, Funding Programs Coordinator, AHCC Department
STAFF RECOMMENDATION*
Staff recommends that the Council adopt R-X approving the 2025-2026 spending plan recommended by the Collaborative for the use of $375,939.67 in 2025-2026 Orange County HOME Program funds.
body
ACTION/DECISION POINTS*
1. Approve a spending plan recommended by the Collaborative for use of $389,245.67, including $375,939.67 of 2025-2026 Orange County HOME Program funds and $13,306 in program income.
2. Authorize this plan to be incorporated into the Annual Update to the 2025-2029 Consolidated Plan for Orange County.
LEGISLATIVE CONTEXT*
The Town, as one of the four members of the HOME Investment Partnerships Program (HOME) Consortium, must approve the HOME Annual Action Plan before the document is submitted to the U.S. Department of Housing and Urban Development (HUD) by July 11, 2025.
BACKGROUND AND CONTEXT*
The Town is part of the Orange County HOME Consortium alongside Orange County and the Towns of Carrboro and Hillsborough. Orange County administers the HOME funding on behalf of the Local Government Affordable Housing Collaborative (LGAHC), which is made up of elected officials and affordable housing staff from the HOME Consortium. As part of that role, the County oversees the HOME funding allocation process. The LGAHC serves as the application review team, charged with developing an annual HOME Program plan.
The Orange County HOME Consortium receives an annual allocation of federal HOME funds from HUD to address County-wide affordable housing needs. For the 2025-26 Program Year, the HOME Consortium received $389,245.67. The recommended funding plan includes ...
Click here for full text