Title
Proposed Amendment to 2010 Action Plan - Community Partners for Affordable Housing
Staff Summary
• The 2010 Annual Action Plan contained a project for Community Partners for Affordable Housing (CPAH) to acquire and rehabilitate five units in Highland Park for affordable homeownership opportunities.
• CPAH has been in negotiation with the City of Lake Forest to replicate its model for affordable housing within Lake Forest’s jurisdiction.
• CPAH is requesting an amendment to its 2010 project to allow the acquisition and rehabilitation of units in Lake Forest as well as Highland Park (see attached letter).
• This amendment requires a 30-day comment period, upon the conclusion of which a new agreement may be executed.