Title
Joint resolution approving the fourth amendment to the Program Year 2025 (PY25) United States Department of Housing & Urban Development (HUD) Annual Action Plan (AAP).
Staff Summary
• HUD requires the submission of an Annual Action Plan and associated amendments to govern expenditure of federal housing and community development funding for each program.
• The fourth amendment to the PY25 AAP exchanges $190,000 of PY25 HOME funds from the Liberty Point Apartments project with $190,000 of PY22 HOME funds allocated to the Midlothian Manor project.
• The funding reallocations accelerate HOME spending timelines and reduce regulatory cost impacts to the North Point Apartments project.
Body
RESOLUTION
WHEREAS, the United States Department of Housing & Urban Development (HUD) requires the submission of an Annual Action Plan (AAP) and associated amendments to govern expenditure of federal housing and community development funding for each program; and
WHEREAS, the fourth amendment to the Program Year 2025 (PY25) AAP exchanges $190,000 of PY25 HOME funds from the Liberty Point Apartments project with $190,000 of PY22 HOME funds allocated to the Midlothian Manor project.
NOW, THEREFORE, BE IT RESOLVED, by this County Board of Lake County, Illinois, that the fourth amendment to PY25 AAP is hereby approved; and
BE IT FURTHER RESOLVED, that the Chair of the Lake County Board or their designee is hereby authorized to execute the necessary documents to complete the submission of the amended PY25 AAP.
DATED at Waukegan, Illinois, on April 14, 2026.