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1998-090
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1998-090
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3/3/2016 9:38:39 PM
Creation date
1/7/2016 4:35:55 PM
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Resolutions
Resolution Number
1998-090
Approved Date
09/01/1998
Resolution Type
Amending Local Housing Assistance Plan for FY 98-99 & 99-2000
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for ne ift eenitmete6en wilah bhe construction of sew <br /> hemees-r or existing owner- <br /> occupied homes. whieh—tet hto—yobl e <br /> seryises. <br /> For new homebuyers, the previsien of such grants will <br /> reduce the financial cost, as the grant will eliminate <br /> the need to include impact fees in the overall, up front, <br /> financing costs for a housing unit. Grants provided to <br /> pay impact fees to connect existing housing units to <br /> public services will eliminate a financial burden for the <br /> owner who may be unable to afford either making a lump <br /> sum payment of the fees, or financing payment of the fees <br /> at current market rates. <br /> 'Phe preyrejen e€ Impaeb Fee—QL-antre wi-1-1- pL-jma-_ ,.. be <br /> e�eebed be t - n <br /> he eena�t�c���en e€ neer—# <br /> efily when <br /> %*aeier stabs by the eek—in eemplianere with <br /> yL-E,vide ser w=--- be emist ing heroes lleweve•r-r When §n <br /> existing homes jj are to be rehabilitated under the <br /> Rehabilitation bean grant Assistance Strategy, deseFibed <br /> & combination impact fee grant eesbs t•e eenneet—the <br /> eje st ny dait }} be ineleded in bhe ameunt e€ and the <br /> rehabilitation dean grant may be awarded. <br /> b. Eligibility <br /> i. Geographic Area <br /> Impact fee grants may be made for eligible <br /> housing units located anywhere in the County, <br /> including all municipalities located within <br /> the County. <br /> ii. Housing Unit Classification <br /> All housing units shall be owner-occupied <br /> residences. Mobile homes are not eligible. <br /> iii. Applicant Classification <br /> (a) Impact fee grants may be awarded to the <br /> following eligible sponsors: <br /> 1. Non-profit Organizations <br /> 2. Very Low-Income Eligible Persons <br /> 3. Low Income Eligible Persons, only when <br /> the impact fee grant is a match for <br /> 14 <br />
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