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CABARRUS COUNTY <br /> 1792 <br /> BOARD OF COMMISSIONERS <br /> r REGULAR MEETING <br /> SEPTEMBER 18, 2017 <br /> 6:30 P.M. <br /> AGENDA CATEGORY: <br /> New Business <br /> SUBJECT: <br /> Planning and Development - 2016-2017 HOME Program Consolidated <br /> Annual Performance and Evaluation Report (CAPER) - Public Hearing <br /> 6.30 P.M. <br /> BRIEF SUMMARY: <br /> Cabarrus County has participated in the HOME program for approximately <br /> twenty years. Each year staff is required to produce the Consolidated <br /> Annual Performance and Evaluation Report which describes what <br /> activities have taken place that year and the amount of funds expended <br /> on it. This year no activities have taken place because we have been <br /> working with Prosperity Unlimited on acquiring tax credits for a senior <br /> rental apartment complex project. Prosperity Unlimited received funding <br /> for the project last August and final funding commitments are being <br /> processed. Construction is due to start in the fall of 2017. A public <br /> hearing is required. <br /> REQUESTED ACTION: <br /> Hold a public hearing. <br /> EXPECTED LENGTH OF PRESENTATION: <br /> 5 Minutes <br /> SUBMITTED BY: <br /> Kelly Sifford, AICP <br /> Planning and Development Director <br /> BUDGET AMENDMENT REQUIRED: <br /> G-3 Page 122 <br />