title
PROPOSED GRANT AWARD
Department: Department of Planning and Development
Grantee: Department of Planning and Development
Grantor: U.S. Department of Housing and Urban Development
Request: Authorization to accept grant
Purpose: To support various community development, homeless and social services, affordable housing, and economic development activities in suburban Cook County
Grant Amount:
Community Development Block Grant (CDBG): $10,532,626
Emergency Solution Grant (ESG) $856,336.00
HOME Investment Partnerships: $5,747,740
Grant Period:
CDBG: 10/1/2024 - 9/30 2025
ESG: 10/1/2024 - 9/30/2025
HOME: 10/1/2024 - 9/30/2031
Fiscal Impact: None
Accounts:
Fund - 11900
Office - 1013
Object Account - 580171
Object account description - Grant Disbursement.
Concurrences:
The Budget Department has received all requisite documents and determined the fiscal impact on Cook County, if any
Summary: Transmitted herewith are the proposed funding sources and categories for the 2023 2024 Program Year for the Community Development Block Grant (CDBG), Emergency Solutions Grant (ESG), and HOME Investment Partnership (HOME) programs.
These funds are provided to Cook County via an annual formula through the U.S. Department of Housing and Urban Development (HUD) and are restricted for use within suburban Cook County. The Planning and Development Subcommittee of the Economic Development Advisory Council (EDAC) and the full EDAC are scheduled to approve these recommendations at a public hearing held in late June July.
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