Lake County Illinois - File #: 14-0965

• File #: 14-0965
• Version: 1
• Name: Vote to amend 2014 LCAHP funding allocations
• Type: resolution
• Status: Passed
• File created: 9/15/2014
• In control: Health and Community Services Committee
• Final action: 10/14/2014
• Title: Joint resolution revising grant awards from the 2014 Lake County Affordable Housing Program (LCAHP).

Date	Ver.	Action By	Action	Result
10/14/2014	1	Lake County Board	adopted	Pass
10/8/2014	1	Financial & Administrative Committee	recommended for adoption to the consent agenda	Pass
10/7/2014	1	Health and Community Services Committee	approved and referred on to the Financial and Administrative Committee	Pass
9/23/2014	1	Housing and Community Development Commission	approved	Pass
9/23/2014	1	Housing and Community Development Commission - Executive Committee	approved	Pass

Title

Joint resolution revising grant awards from the 2014 Lake County Affordable Housing Program (LCAHP).

Staff Summary

·      The LCAHP grant awards were made concurrently with the HOME Investment Partnership Program PY2014 funding when approved by the County Board on June 10, 2014.

·      The fifth amendment to the Lake County 2013 Annual Action Plan necessitates the following revisions to LCAHP funding awards: $66,800 (reduced from $92,000) to Glenkirk for a Community Integrated Living Arrangement (CILA) rehab and $27,200 (increased from $2,000) to Community Partners for Affordable Housing for acquisition/rehabilitation of a rental project.

·      This resolution also awards $4,490 of unallocated LCAHP funds to YouthBuild Lake County for expense related to redevelopment of 2127 Honore Ave.

·      The HCDC recommends these revisions.

Body

WHEREAS, Lake County has appropriated funds under the Lake County Affordable Housing Program (LCAHP) to increase affordable housing opportunities to residents of Lake County; and

WHEREAS, the Health & Community Services and the Financial & Administrative Committees, having reviewed and approved these LCAHP funding recommendations, are recommending approval by the Lake County Board.

NOW, THEREFORE, BE IT RESOLVED, by this County Board of Lake County, Illinois, that the County Board Chairman or his designee is hereby authorized to make the following revised grant agreements: $66,800 to Glenkirk; $27,200 for Community Partners for Affordable Housing; and $4,490 for YouthBuild Lake County.

BE IT FURTHER RESOLVED, that the County Board Chairman or his designee is hereby authorized to execute lien releases, loan modifications, lien subordinations, and other administrative documents necessary to carry out the Lake County Affordable Housing Program projects.

DATED at Waukegan, Illinois, on October 14, 2014.