SECOND AMENDMENT TO COMMUNITY HOUSING DEVELOPMENT ORGANIZATION AGREEMENT

Item 12: Consideration of Second Amendment to Community Housing Development Organization (CHDO) Agreement between the Down East Home Consortium (City) and the South Eastern North Carolina Community Development Corporation (SENCCDC) for the Construction of Eight (8) Single Family Homes (1900 Block of Vance Street) for Low-Income Residents in Rocky Mount (partnership provided for in the Three-Year Consolidated Plan) – (amendment increases CHDO funding in the amount of $12,000 to support water tap fees [$1,500 per unit]; completion date October 31, 2022; Certificate of Occupancy shall be issued by November 30, 2022 and units fully leased by December 31, 2022)

Recommended Action: Approve Amendment and Authorize the Mayor and City Clerk to Execute Same on behalf of the City

Votes:

Knight - Y
Blackwell - Y
Joyner - Y
Walker - Y
Daughtridge - Y
Bullock - Y
Miller - Y