Title
Joint resolution approving the first amendment to the 2015-2019 Consolidated Plan for Housing and Urban Development (HUD).
Staff Summary
* An amendment to the 2015-2019 Consolidated Plan for Housing and Community Development is required by the U.S. Department of Housing and Urban Development (HUD). This current five-year plan represents the first time that Lake County and its Consortium Members - North Chicago and Waukegan - report accomplishments using HUD's electronic format, and several issues with the electronic reporting format are resolved in this amendment.
* In April of 2016, HUD provided guidance on the pairing of grant-funded activities (e.g. owner-occupied housing rehabilitation) with HUD's Goal Outcome Indicators (e.g. number of units of homeowner housing rehabilitated). The revised five-year plan incorporates the suggested pairings and recalibrates the five-year targets.
* At the start of planning for each new program year, the Housing and Community Development Commission (HCDC) assesses how funding trends support or detract from achieving the Plan's five-year goals. This first amendment to the 2015-2019 Plan shifts prospective funding away from infrastructure goals that have already been exceeded to housing goals that, but for additional funding, would not be projected to meet the five-year targets as required by HUD.
Body
RESOLUTION
WHEREAS, the U.S. Department of Housing and Urban Development (HUD) requires the submission of a Housing and Community Development Consolidated Plan every five years; and
WHEREAS, the Lake County Housing and Community Development Commission and the Cities of North Chicago and Waukegan held four Public Hearings between November 2014 and February 2015 in conjunction with the development of the 2015 - 2019 Housing and Community Development Consolidated Plan; and
WHEREAS, the Lake County Housing and Community Development Commission, at their regularly scheduled meeting on Wednesday February 11, 2015 recomm...
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