Lake County, IL
File #: 23-0824    Version: 1 Name: Approval of changes to the Lake County Down Payment Assistance Program (DAP) Lender Guidelines.
Type: commission action item Status: Passed
File created: 5/26/2023 In control: Housing and Community Development Commission
On agenda: Final action: 6/14/2023
Title: Approval of changes to the Lake County Down Payment Assistance Program (DAP) Lender Guidelines.
Attachments: 1. DAP Lender Guidelines June 2023 v2 redline

Title

Approval of changes to the Lake County Down Payment Assistance Program (DAP) Lender Guidelines.

 

Staff Summary

                     Community Partners for Affordable Housing (CPAH) administers the Lake County Down Payment Assistance Program (DAP).

                     CPAH routinely evaluates community needs and market conditions to determine how well our programs are achieving the desired impact.

                     CPAH has proposed changes to the DAP Guidelines to increase participation, minimize barriers to entry, and align with best practices.

 

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