Lake County Housing and Community Development Commission Executive Committee met Nov. 18.
Here is the agenda provided by the committee:
1. Roll Call
2. Approval of Minutes
2.1 20-1650
Approval of the October 14, 2020 Minutes
3. Chair's Remarks
4. Public Comments (items not on the agenda)
5. Old Business
6. New Business
6.1 20-1647
Joint Resolution - Approval of the Third Amendment to the Program Year 2020 Annual Action Plan (AAP).
· HUD requires the submission of an Annual Action Plan (AAP) and associated amendments to govern expenditure of federal housing and community development funding for each program year.
· HUD notified Lake County that an error was made in calculating Fiscal Year 2020 (FY20) allocations resulting in a slight reduction to Lake County’s Community Development Block Grant (CDBG) and HOME grants. The revised FY20 allocations are $2,904,904 CDBG and $1,669,965 HOME. A total of $459.00 CDBG program income and $346.00 HOME program income has been allocated to account for the difference and ensure availability of funds already committed through the approved AAP.
· Additionally, the AAP assigns prior year funds made available through loan repayments and project changes. The AAP allocates $30,763.00 of CDBG program income, $92,847.63 CDBG prior year funds, $109,675 Lake County Affordable Housing Program (LCAHP) prior year funds and $14,124.00 HOME program income in the following ways:
o $13,476.63 in CDBG and $109,675 in LCAHP to Community Partners for Affordable Housing (CPAH) for the acquisition of affordable housing properties in Libertyville, IL
o $109,675 of prior year CDBG to CPAH for acquisition of a Community Land Trust (CLT) unit.
o $13,778.40 in HOME funds to CPAH for the down payment assistance program.
6.2 20-1648
Approval of an COVID-19 addendum to the Program Year 2021 (PY21) housing, human services and public improvements grant applications.
· Lake County was awarded $2,885,981 of CDBG grant funds to prevent, prepare for and respond to coronavirus (CDBG-CV3).
· Applications for Program Year 2021 (PY21) annual CDBG, HOME and ESG entitlement funds are due January 11, 2021.
· The proposed addendum allows applicants the ability to demonstrate how their proposal prevents, prepares and/or responds to the COVID-19 pandemic.
· The responses to the addendum will be evaluated as part of CDBG-CV3 funding recommendations.
7. Staff Reports
8. Adjournment
https://lakecounty.legistar.com/View.ashx?M=A&ID=816871&GUID=783A850B-143A-41A6-BE87-DE92F444652D
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