Lake County, IL
File #: 17-0637    Version: 1 Name: Joint Authorization HOME Consortium Renewal 2018-20
Type: resolution Status: Consent Agenda
File created: 5/30/2017 In control: Health and Community Services Committee
On agenda: Final action: 6/13/2017
Title: Joint resolution authorizing renewal of the HOME Investment Partnership Program Consortium Agreement with the cities of North Chicago and Waukegan.
Attachments: 1. HOME Consortium Agreement FY18-20 - HCDC Markup.pdf, 2. HOME Consortium Agreement FY18-20 - v06
Title
Joint resolution authorizing renewal of the HOME Investment Partnership Program Consortium Agreement with the cities of North Chicago and Waukegan.

Staff Summary
* Pursuant to Housing and Urban Development (HUD) requirements, Lake County must renew its HOME Investment Partnership Program Consortium Agreement with the cities of North Chicago and Waukegan every three years in order for all three jurisdictions to continue operating as a consortium, thereby increasing the level of available HOME funding.
* The current agreement (attached) runs through the end of program year (PY) 2017 and the draft agreement will cover PY 2018 through PY 2020.
* The draft agreement is currently under review by the States Attorney's Office and the Cities of Waukegan and North Chicago. It is anticipated that the agreement will be finalized in time for the June 13, 2017 Lake County Board meeting.
* A vote is requested from the Housing and Community Development Commission to recommend approval by the Lake County Board.

Body
RESOLUTION

WHEREAS, the Cranston-Gonzalez National Affordable Housing Act provides funding under the HOME Investment Partnership Program to further affordable housing efforts; and

WHEREAS, Lake County and the Cities of North Chicago and Waukegan have formed a consortium since 1991 to maximize the amount of HOME funding available to Lake County; and

WHEREAS, the US Department of Housing and Urban Development requires that the consortium be recognized with a legal agreement that is subject to renewal every three years; and

WHEREAS, all consortium partners wish to renew the agreement and to add an automatic renewal provision pursuant to 24 CFR 92.507.

NOW, THEREFORE BE IT RESOLVED, by this County Board of Lake County, Illinois, that the HOME Investment Partnership Program 2018-2020 Consortium Agreement with the Cities of North Chicago and Waukegan is hereby approved; and

BE IT FURTHER RESOLVED, that the County Boar...

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