Title
Conduct a Public Hearing and Consider/Discuss/Act on Project #16-12, Submitted by North Collin County Habitat for Humanity in the Amount of Two Hundred Fifty One Thousand Dollars and No/100 ($251,000) for Purchase, Survey and Preparation of Six Lots for the Construction of Affordable Housing; and Completion of Fifteen Exterior Home Repair Projects. Amount Requested Represent 27% of Total Estimated Project Costs.
Summary
COUNCIL GOAL: Enhance Quality of Life in McKinney
MEETING DATE: August 25, 2016
DEPARTMENT: McKinney Community Development Corporation
CONTACT: Cindy Schneible, President
ITEM SUMMARY:
• North Collin County Habitat for Humanity is requesting $251,000 of $932,500 total project cost from MCDC for acquisition of six lots, lot preparation and surveys for the construction of affordable housing in McKinney; and exterior home repairs for 15 homes in McKinney.
BACKGROUND INFORMATION:
• North Collin County Habitat for Humanity has been building homes for working, low-income families since its incorporation in 1992.
• Through NCCHFH’s home repair program, A Brush with Kindness, low- income homeowners in need of exterior home repairs that are financially unaffordable receive needed renovation services.
• To date, NCCHFH has completed 101 new homes and 123 home rehabs.
• Between June 2015 and July 2016, NCCHFH hosted more than 5,000 volunteers contributing more than 23,000 volunteer hours in support of home construction and repair.
FINANCIAL SUMMARY:
• Balance on the project grant awarded to NCCHFH in 2015 (#15-06), as of July 31, 2016, is $94,994.
• MCDC’s allocation for discretionary project grants for the current fiscal year is $1,171,896.
• The balance remaining in the discretionary project grant allocation is $737,198 for the current year.
• The request is eligible for MCDC Board consideration under Sections 501 to 505 of the Texas Local Government Code.