Lake County Illinois - File #: 11-0024

• File #: 11-0024
• Version: 1
• Name: NSP3 Substantial Amendment
• Type: commission action item
• Status: Passed
• File created: 1/13/2011
• In control: Housing and Community Development Commission
• Final action: 1/19/2011
• Title: NSP3 - Substantial Amendment to the 2010 Action Plan
• Related files: 11-0048

Date	Ver.	Action By	Action	Result
1/19/2011	1	Housing and Community Development Commission	approved	Pass

Title

NSP3 - Substantial Amendment to the 2010 Action Plan

Staff Summary

•                     Lake County has received notice that it is eligible to receive $1,370,421 in NSP3 funds under the Dodd-Frank financial reform legislation.

•                     In order to receive the funds, Lake County must develop a substantial amendment to its 2010 Action Plan (attached).

•                     Staff will explain the proposed program and requirements.

•                     Upon approval, the plan will be put out for public comment for 15 days per HUD requirements.

•                     The final plan must be submitted to HUD by March 1.