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24-5778
| 1 | | | Committee Minutes | COMMITTEE MINUTES
Approval of the minutes from the meeting of 09/18/2024 | approve | Pass |
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24-4635
| 1 | | Deerfield Supportive Living - HOME Investment Partnership Program | HOME Investment Partnerships Program | PROPOSED HOME INVESTMENT PARTNERSHIPS PROGRAM
Department: Planning and Development
Other Part(ies): Deerfield SLF Limited Partnership
Request: Cook County’s Department of Planning and Development requests approval of the investment of $2,000,000 HOME Investment Partnership Program funds to support the new construction of Deerfield Supportive Living, a 147-unit, affordable assisted living facility to be located at 1101-1121 Lake Cook Road in Deerfield.
Total Development Cost: $77,335,729.00
Project Loan Amount: $2,000,000.00
Fiscal Impact: $2,000,000.00
Account(s): 11900.1013.53493.580170.00000.00000; 11900.1013.53638.580170.00000.00000
Summary: Cook County’s Department of Planning and Development staff recommends the investment of $2,000,000 in HOME Investment Partnership Program (HOME) funds for the construction of Deerfield Supportive Living (the Project), a new 147-unit affordable assisted living development for seniors located in north suburban Deerfield. Deerfield Supportive Living will be certified under the Illinois Supportive Living Facility (SLF) prog | | |
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