Title
Joint resolution approving the 2018 Housing and Community Development Annual Action Plan, authorizing all necessary correspondence for the implementation of the plan with the United States Department of Housing and Urban Development (HUD).
Staff Summary
* Following an initial Public Hearing for the 2018 Annual Action Plan on March 14, 2018, the HUD announced the 2018 funding amounts.
* Lake County's combination of Community Development Block Grant (CDBG), HOME Investment Partnership (HOME) and Emergency Solutions Grant (ESG) funds totals $4,783,403, an increase of 19.6 percent from the previous year. While CDBG increased 9.7 percent to $2,882,885 and HOME increased 45.5 percent to $1,684,216, ESG returned to normal levels ($216,362) after providing special one-time additional funding last year.
* On March 14, 2018 the HCDC voted on initial funding recommendations totaling only $4,079,089. In the 2018 draft Annual Action Plan for the second Public Hearing, the increase of $704,314 was used first to fund administration and CDBG public services up to their respective statutory caps (10 percent admin HOME/ 20 percent admin CDBG/ 15 percent CDBG public services) and then to satisfy municipal agreements (e.g. Lake County HOME Consortium and North Chicago CDBG agreements).
* After increasing approved CDBG public services and ESG activities to requested amounts, Staff recommends the inclusion of a special application round for the remaining $420,058 in unallocated funds ($346,627 HOME and $73,431 CDBG).
Body
RESOLUTION
WHEREAS, the United States Department of Housing and Urban Development (HUD) requires the submission of a Housing and Community Development Annual Action Plan every year; and
WHEREAS, on March 10, 2015, the Lake County Board approved the 2015 - 2019 Housing and Community Development Consolidated Plan describing the Needs, Goals, and Strategy Statements for the next five years of federal Community Development Block Grant (CDBG) funding;...
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