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PROPOSED RESOLUTION
EMERGENCY RENTAL ASSISTANCE I PROGRAM
WHEREAS, on December 27, 2020, the Cook County Board of Commissioners authorized the Bureau of Economic Development ("BED") to develop a County program for the distribution f the allocated funding to provide aid to eligible Cook County households in compliance with the terms of the Emergency Rental Assistance Program; and
WHEREAS, on March 11, 2021, the United States Treasury Department ('the Treasury') under the Consolidated Appropriations Act, 2021 made available $25 Billion to States, U.S. territories, Indian tribes, and local governments for Emergency Rental Assistance I ("ERA I") to assist households who are unable to pay rent and utilities due to the Covid-19 pandemic, of which $72,808,624.10 was appropriated to Cook County; and
WHEREAS, Cook County applied for Emergency Rental Assistance ("ERA I") Grant funding from Treasury of which $72,808,624.10 was awarded to Cook County; and
WHEREAS, by September 1, 2021, Cook County had successfully awarded seventy-five percent of the ERA Grant funds to eligible households under the Treasury guidelines, making Cook County eligible to receive reallocated funds from other States and Municipalities through the Treasury; and
WHEREAS, on September 30, 2021, Cook County applied for the first reallocation of ERA I Grant funds from Treasury of which $446, 212 was awarded to Cook County from the redistribution of ERA Grant funds from the National Pool; and
WHEREAS, on January 21, 2022, Cook County applied for the second reallocation of ERA I Grant funds from Treasury of which $6,196,870.79 was awarded to Cook County from the redistribution of ERA I Grant funds from the National Pool; and
WHEREAS, except for budgetary transfers authorized in Section 8 of the Appropriations Bill, transfers greater than $50,000 that are within and between the Personal Services, Contractual Services, Supplies and Materials, Operation and Maintenance, Rental and Leasing, Capi...
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