Lake County, IL
File #: 18-0570    Version: 1 Name: 2018 Action Plan Presentation
Type: discussion Status: Commission Business
File created: 5/4/2018 In control: Housing and Community Development Commission
On agenda: Final action: 5/31/2018
Title: U.S. Department of Housing & Urban Development (HUD) 2018 Action Plan - Presentation and Discussion
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Title

U.S. Department of Housing & Urban Development (HUD) 2018 Action Plan - Presentation and Discussion

 

Staff Summary

                     Four Advisory and Recommendation Committees (ARCs) have reviewed 2018 funding requests and voted to recommend particular projects to the Housing & Community Development Commission (HCDC).

                     Projects recommended for funding with HUD program year 2018 funds are presented in the 2018 Action Plan attached.  Proposed amounts have been adjusted to match actual 2018 funding amounts: $1,684,900 HOME; $2,882,825 CDBG; and $216,362 ESG for a total of $4,784,087.  The year-over-year 9.7% increase in CDBG and 45.6% increase in HOME translated to a total 15% increase from 2017 to 2018 because ESG in 2017 was nearly twice its size with one-time extra funding.

                     Recommendations will be subject to a thirty-day public comment period (February 15 to March 15, 2017) and two public hearings before the recommendations advance to the Lake County Board for consideration.