Please note: this meeting's minutes have not been finalized yet. Actions taken on legislation and their results are not available.
Meeting Name: Workforce, Housing & Community Development Committee Agenda status: Final
Meeting date/time: 6/12/2024 11:05 AM Minutes status: Draft  
Meeting location: Cook County Building, Board Room, 118 North Clark Street, Chicago, Illinois
Issued on: 6/3/2024 (Rescheduled From 6/5/2024)
Published agenda: Agenda Agenda Published minutes: Not available  
Meeting video:  
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24-3441 1 Workforce minutes from the meeting of 5/14/2024Committee MinutesCOMMITTEE MINUTES Approval of the minutes from the meeting of 5/14/2024   Not available Not available
24-2891 1 Hillside Senior Apartments - HOME Investment Partnership ProgramHOME Investment Partnerships ProgramPROPOSED HOME INVESTMENT PARTNERSHIPS PROGRAM Department: Planning and Development Other Part(ies): Turnstone Hillside Senior Apartments LP Request: Cook County’s Department of Planning and Development requests approval of the investment of $2,500,000 HOME Investment Partnership Program funds to support the new construction of Hillside Senior Apartments, a 42-unit affordable senior housing development to be located at 5207 Ridge Avenue in Hillside. Total Development Cost: $18,691,337.00 Project Loan Amount: $2,500,000.00 Fiscal Impact: $2,500,000.00 Account(s): 11900.1013.53638.580170 Summary: Cook County’s Department of Planning and Development staff recommends the investment of $2,500,000 in HOME Investment Partnership Program (HOME) funds for the acquisition and construction of Hillside Seniors Apartments, a new affordable rental housing development for seniors located in west suburban Hillside. The County’s HOME loan will be in a subordinate second position during the construction term (estimated 24-month) springing to a first position permanent lo   Not available Not available
24-2910 1 Aloha Motel - CDBG-CV Fixed-Site ShelterReportPROPOSED COMMUNITY DEVELOPMENT BLOCK GRANT CARES ACT (CDBG-CV) Department: Planning and Development Other Part(ies): BEDS Plus Care, Inc. (or its single-purpose entity, Cicero Avenue Transitional Shelter LLC) Request: CDBG-CV Program Project Loan Total Development Cost: $6,175,000.00 Project Loan Amount: $2,800,000.00 Fiscal Impact: None Account(s): 11900.1013.54026.580170 Summary: Cook County’s Department of Planning and Development staff respectfully submits the recommended investment of $2,800,000 of Community Development Block Grant CARES Act (CDBG-CV) funds to BEDS Plus Care, Inc. (or its wholly-owned, single purpose entity, Cicero Avenue Transitional Shelter, LLC) for the acquisition of the Aloha Motel, an existing hotel located in Chicago directly adjacent to southwest suburban Burbank. The loan will have a thirty-year term, carry no interest, and will be fully forgivable at maturity. The Aloha Motel is currently being leased by BEDS Plus Care, Inc. (BEDS) and operates as a fixed-site shelter for the homeless. CDBG-CV loan funds will be used    Not available Not available