Share to Facebook Share to Twitter Bookmark and Share
File #: 16-4211    Version: 1 Name: U.S. Department of Housing and Urban Development (HUD): Annual HUD Entitlement Grants
Type: Grant Award Status: Approved
File created: 6/29/2016 In control: Workforce, Housing & Community Development Committee
On agenda: 7/13/2016 Final action: 8/3/2016
Title: PROPOSED GRANT AWARD Department: Department of Planning and Development Grantee: Cook County Bureau of Economic Development Grantor: U.S. Department of Housing and Urban Development (HUD) 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): $9,796,130.00 Emergency Solutions Grants (ESG): $814,055.00 HOME Investment Partnerships: $4,590,860.00 Grant Period: CDBG: 10/1/2016 - 9/30/2017 ESG: 10/1/2016 - 9/30/2018 HOME: 10/1/2016 - 9/30/2021 Fiscal Impact: None Accounts: N/A 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 uses for the 2016 Program Year for the Community Development Block...
Indexes: SUSAN CAMPBELL, Director, Department of Planning and Development
title
PROPOSED GRANT AWARD

Department: Department of Planning and Development

Grantee: Cook County Bureau of Economic Development

Grantor: U.S. Department of Housing and Urban Development (HUD)

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): $9,796,130.00
Emergency Solutions Grants (ESG): $814,055.00
HOME Investment Partnerships: $4,590,860.00

Grant Period:
CDBG: 10/1/2016 - 9/30/2017
ESG: 10/1/2016 - 9/30/2018
HOME: 10/1/2016 - 9/30/2021

Fiscal Impact: None

Accounts: N/A

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 uses for the 2016 Program Year for the Community Development Block Grant (CDBG); Emergency Solutions Grant (ESG); and HOME Investment Partnerships (HOME) programs.

These funds are provided to Cook County via an annual formula grant 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 expected to approve these recommendations at public hearings which will be held in July.

The 2016 Program Year funding allocations are as follows:

CDBG: $9,796,130
ESG: $814,055
HOME: $4,590,860

CDBG funding may be utilized to support various community development activities for the benefit of low- and moderate-income persons.

ESG funding may be utilized to support various shelter and service activities for the benefit of homeless persons or persons at-risk of homelessness.

HOME funding may be utilized to support affordable housing development activities...

Click here for full text