Share to Facebook Share to Twitter Bookmark and Share
File #: 21-1138    Version: 1 Name: U.S. Treasury Department
Type: Grant Acceptance Resolution (Highway) Status: Approved
File created: 1/20/2021 In control: Board of Commissioners
On agenda: 1/28/2021 Final action: 1/28/2021
Title: PROPOSED GRANT AWARD Department: Office of the Chief Financial Officer Grantee: Bureau of Economic Development Grantor: U.S. Treasury Department Request: Authorization to accept grant Purpose: Bureau of Economic Development to develop the County's program for the distribution of the allocated funding in compliance with the terms of the Emergency Rental Assistance program. Grant Amount: $72,808,624.10 Grant Period: 1/19/2021 - 12/31/2021 Fiscal Impact: None Accounts: No Cash Match Concurrences: The Budget Department has received all requisite documents and determined the fiscal impact on Cook County, if any Summary: On 1/11/2021, the County applied for an allocation under the US Treasury's Emergency Rental Assistance (ERA) Program established under the most recent federal stimulus bill. On 1/19/2021, the US Treasury allocated $72,808,624.10 from the ERA Program to Cook County to provide assistance to households unable to pay rent and utilities due to the CO...
Indexes: (Inactive) AMMAR RIZKI, Chief Financial Officer, Bureau of Finance

title

PROPOSED GRANT AWARD

 

Department:  Office of the Chief Financial Officer

 

Grantee:  Bureau of Economic Development

 

Grantor:  U.S. Treasury Department 

 

Request: Authorization to accept grant 

 

Purpose:  Bureau of Economic Development to develop the County’s program for the distribution of the allocated funding in compliance with the terms of the Emergency Rental Assistance program. 

 

Grant Amount:  $72,808,624.10

 

Grant Period:  1/19/2021 - 12/31/2021

 

Fiscal Impact:  None 

 

Accounts: No Cash Match

 

Concurrences:

The Budget Department has received all requisite documents and determined the fiscal impact on Cook County, if any

 

Summary: On 1/11/2021, the County applied for an allocation under the US Treasury’s Emergency Rental Assistance (ERA) Program established under the most recent federal stimulus bill.  On 1/19/2021, the US Treasury allocated $72,808,624.10 from the ERA Program to Cook County to provide assistance to households unable to pay rent and utilities due to the COVID-19 pandemic.

end