Title
Proposed Shifts in 2016 Activity Funding Amounts
Staff Summary
• The U.S. Department of Housing and Urban Development (HUD) has released official 2016 grant amounts of $2,389,109 for Lake County Community Development Block Grant (CDBG), $1,119,694 for Lake County Consortium HOME Investment Partnerships Program (HOME) and $217,190 for Emergency Solutions Grants (ESG). When combined with the City of North Chicago’s CDBG entitlement which is administered by Lake County, the 2016 CDBG grant amount totals $2,610,862.
• Grant amounts in the Public Hearing version of the 2016 Action Plan approved by the Housing & Community Development Commission (HCDC) on February 9, 2016 were based upon 2015 grant amounts. Actual 2016 CDBG decreased $23,582 (-2%) and HOME increased $78,506 (+7%) relative to 2015 grant levels. ESG funding decreased from $220k to $217k.
• To produce a final 2016 Action Plan with grant amounts reflecting actual HUD funding levels, the attached recommendations contain several proposed shifts: 1) Pro rata decreases in CDBG Public Services and ESG grants; 2) slight pro rata decreases in CDBG housing grants balanced by 3) HOME grant increases (shown in yellow in the attached 2016 Action Plan excerpt).
• The 2016 Action Plan will be finalized by the Lake County Board on April 12, 2016 and is due to HUD no later than April 15, 2016.