Lake County Illinois - File #: 18-1286

• File #: 18-1286
• Version: 1
• Name: Grant Performance Update
• Type: commission action item
• Status: Commission Reports
• File created: 10/4/2018
• In control: Housing and Community Development Commission
• Final action: 10/31/2018
• Title: Discussion: Grant Performance Update (October 2018)

Title

Discussion: Grant Performance Update (October 2018)

Staff Summary

•                     The Grant Performance Update policy, which was adopted on February 11, 2014, is meant to provide a framework for reporting of certain programs or projects funded with federal dollars.

•                     The Policy delineates the elevation procedure for troubled projects, the final stage of which is notification of the Housing & Community Development Commission (HCDC).

•                     Four projects are included in this October 2018 Update.  Three projects’ federal grant funds must be rescinded due to compliance or feasibility problems. A fourth project requires a substantial budget increase to remain viable.