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HomeMy WebLinkAboutRes 27-92 09/15/1992CAF/ 9/10/92 RESOLUTION NO. 27-92 A RESOLUTION ESTABLISHING THE ANNUAL COMPREHENSIVE HOUSING AFFORDABILITY STRATEGY FOR 1993 WHEREAS, the Village of Mount Prospect is a recipient of Community Development Block Grant funds; and WHEREAS, the Village of Mount Prospect has prepared a Comprehensive Housing Affordability Strategy which identifies the housing needs of iow and moderate-income residents, as well as those of special groups; and WHEREAS, in conjunction with the Comprehensive Housing Affordability Strategy program, the needs of the community must be reviewed and updated on an annual basis; and WHEREAS, the Plan Commission of the Village of Mount Prospect has reviewed the following priority areas proposed Comprehensive Housing Affordability Strategy for 1993. WHEREAS, the Plan Commission of the Village of Mount Prospect has determined that the Comprehensive Housing Affordability Strategy for 1993 is consistent with the Five Year plan, as established by the Mayor and Board of Trustees of the Village of Mount Prospect through the adoption of Resolution 38-91. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS: SECTION ONE: That the Mayor and Board of Trustees of the Village of Mount Prospect do hereby support the following housing affordability priority areas identified for the year 1993: To continue to work with Catholic Charities in the development of a senior citizen's housing apartment development in the downtown area; To address the special needs of elderly low-income and very- low-income residents by promoting a shared senior housing program, rehabilitating senior citizen homes and by using rental assistance payment programs; To provide housing opportunities for first time home buyers by working with local private lenders and Cook County in assembling financial packages and educational programs to assist low income households to purchase residential homes; To identify the promotion of financial rental assistance programs using HUD Section 8 certificates and voucher programs as well as using funds from the HOME Program; and To provide financial assistance for the purchase or rehabilitation of housing for the mentally ill. SECTION TWO: That this Resolution shall be in full force and HAS Page 2 of 2 effect from and after its passage and approval in the manner provided by law. AYES: Busse, Flores, Hoefert, Clowes~ Wilks NAYS: None ABSENT: Corcoran PASSED and APPROVED this 15th day of September , 1992. Mayor / ATTEST: Carol A. Fields Village Clerk