Legislation Details

File #: 11-0848    Version: 1 Name: Project Change Request - AHC Wkgn Homebuyer
Type: commission action item Status: Passed
File created: 8/17/2011 In control: Housing and Community Development Commission
On agenda: Final action: 8/24/2011
Title: Project Change Request - Affordable Housing Corporation 2010 & 2011 Waukegan Homebuyer Assistance Programs.
Attachments: 1. AHC Waukegan Staff Memo 8.19.11, 2. AHC Waukegan Memo 8.19.11
Related files: 10-1051

Title

Project Change Request - Affordable Housing Corporation 2010 & 2011 Waukegan Homebuyer Assistance Programs.

 

Staff Summary

•                     Last October, the CDC approved a request to modify the Waukegan Homebuyer Assistance Program to address the issue of foreclosure in Waukegan.

•                     The new structure of the program has not created the demand anticipated, and AHC is seeking to revert to its previously successful program structure.

•                     The proposed change, if approved, does not require a substantial amendment to any Action Plan, public hearing or comment period.

•                     The attached memos outline the request, of which staff recommends approval.