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Meeting Name: Workforce, Housing & Community Development Committee Agenda status: Final
Meeting date/time: 2/18/2021 11:15 AM Minutes status: Final  
Meeting location: Virtual Meeting
Published agenda: Agenda Agenda Published minutes: Not available  
Meeting video:  
Attachments: To comment on an item on this agenda, click here, Click to watch live
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21-1578 1 COMMITTEE MINUTESCommittee MinutesCOMMITTEE MINUTES Approval of the minutes from the meeting of 07/18/2019approvePass Action details Not available
21-1233 1 HOME Investment Partnerships (HOME) Program IncomeGrant AwardPROPOSED 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 affordable housing development activities within suburban Cook County Grant Amount: $4,838,052.98 Grant Period: 1/1/2016 -12/30/2021 Fiscal Impact: $4,838,052.98 Accounts: 11900.1013.40701.52637 HOME 2016 Program Income $1,000,000.00 11900.1013.40701.52638 HOME 2017 Program Income $3,838,052.98 Concurrences: The Budget Department has received all requisite documents and determined the fiscal impact on Cook County, if any Summary: HOME Investment Partnerships (HOME) Program Income is derived from principal and interest payments on HOME funded loans under the Bureau. All proceeds derived from HOME loans are required to be reallocated to newly created, HOME eligible, affordable housing developments. Program Income from the subject years has been accumulated, per HUD,recommend for approvalPass Action details Not available