Title
Joint resolution authorizing a contract for Permanent Supportive Housing Expansion HOME Tenant-Based Rental Assistance from Thresholds, Chicago, Illinois, in an amount not to exceed $260,311.
Staff Summary
• Community Development worked with consultants at the Corporation for Supportive Housing to develop innovative funding mechanisms for additional permanent supportive housing (PSH) units for Lake County residents experiencing homelessness.
• The County Board approved funding for this purpose in the approved Fiscal Year (FY) 2019 Annual Action Plan.
• Thresholds were selected to receive the contract for rental assistance, administrative costs, and a performance payment as a result of a public call for partners. The performance payment will be dependent upon successful outcomes.
• Pursuant to the Code of Federal Regulations, the participating jurisdiction may select a subrecipient to administer all or some of the participating jurisdiction’s HOME programs to provide tenant-based rental assistance. This contract authorizes Thresholds to provide this tenant-based rental assistance in an amount not to exceed of $260,311 for services through April 30, 2022.
Body
RESOLUTION
WHEREAS, there is a need for additional permanent supportive housing (PSH) units for Lake County residents experiencing homelessness; and
WHEREAS, this contract includes HOME funding for rental assistance in the amount of $220,311, CDBG funding for administrative costs in the amount of $30,000, and AHP funding for a performance payment in the amount of $10,000. The performance payment will be dependent upon successful outcomes; and
WHEREAS, pursuant to the Code of Federal Regulations (24 CFR 92), the participating jurisdiction may select a subrecipient to administer all or some of the participating jurisdiction’s HOME programs to provide tenant-based rental assistance.
NOW, THEREFORE, BE IT RESOLVED, by this County Board of Lake County, Illinois, that Lake County Community Development be authorized to enter into the contract with Thresholds to provide tenant-based rental assistance in the amount not to exceed $260,311.
DATED at Waukegan, Illinois, May 12, 2020.