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HomeMy WebLinkAboutRes 19-25 07/15/2025 Approving The First Substantial Amendment To The Community Development Block Grant Action Plan For Program Year 2024RESOLUTION NO. 19-25 A RESOLUTION APPROVING THE FIRST SUBSTANTIAL AMENDMENT TO THE COMMUNITY DEVELOPMENT BLOCK GRANT ACTION PLAN FOR PROGRAM YEAR 2024 WHEREAS, on July 16, 2024, the Village of Mount Prospect Board of Trustees approved the Annual Action Plan for Program Year 2024, which runs from October 1, 2024 to September 30, 2025; and WHEREAS, the Village of Mount Prospect proposes to use Community Development Block Grant (CDBG) carryover funds and program income from Program Years 2023 and 2024 to increase the allocation for the existing Single Family Rehabilitation Program to $197,469.63; and WHEREAS, the Village must submit a Substantial Amendment to the United States Department of Housing and Urban Development for the 2024 Action Plan to incorporate the new funding allocations into each program year budget and to revise existing projects in each program year; and WHEREAS, the Mayor and Board of Trustees have determined that the First Substantial Amendment to the Action Plan for Program Year 2024 is consistent with the goals and priorities described in the Village Consolidated Plans and with the purpose of the Community Development Block Grant Program to develop viable urban communities by providing decent housing and a suitable living environment, and by expanding economic opportunities, principally for low- and moderate -income persons. NOW THEREFORE, BE IT RESOLVED BY THE MAYOR AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS ACTING IN THE EXERCISE OF THEIR HOME RULE POWERS: SECTION ONE: The Mayor and Board of Trustees of the Village of Mount Prospect hereby approve the First Substantial Amendment to the Community Development Block Grant Action Plan for Program Year 2024, attached hereto and made part of this resolution as Exhibit "A": SECTION TWO: This Resolution shall be in full force and effect from and after its passage and approval in the manner provided by law. AYES: Dante, DiPrima, Gens, Grossi, Matuszak, Saccotelli NAYS: None PASSED and APPROVED this 15th day of July, 20; ATTEST: Karen M. Agorarfos, Village Clerk 6/11/2025 PY 2024 CDBG Budget (October 1, 2024- September 30, 2025) Priority Needs Homelessness/Continuum of Care PY 2024 Funding Requests PY 2024 Budget Amendment 1 Comments JOURNEYS I The Road Home $13,000 $8,200.00 Northwest Compass $30,000 $8,600.00 WINGS $6,000 $4,300.00 SUB -TOTAL Public Services $49,0001 $21,100.00 See note #1 Children's Advocacy Center $6,000 $4,300.00 Connections to Care $1,800 $1,792.00 North Suburban Legal Aid Clinic $5,000 $2,900.00 Northwest CASA $15,000 $6,600.00 Suburban Primary Health Care Council $7,500 $5,800.00 SUB -TOTAL Affordable Housing Single Family Rehab / Weatherization Emergency Repair g * SUB -TOTAL $35,300 $50,000 $50,000 $21,392.00 $197,469.63 See note #1 See notes #2,5 Public Facilities Search Inc Group Home Rehab $25,000 $25,000.00 Lions Memorial Park SUB -TOTAL Public Improvements - $25,0001 $191,324.00 $216,324.00 See note #3 Low/Mod Area Sidewalk Improvements $200,000 $165,793.00 SUB -TOTAL TOTAL FUNDS COMMITTED PY2024 HUD Allocation $200,000 $165,793.00 $622,078.63 $268,066.00 Estimated PY2024 Program Income* ���nn Il`a1 a»u/uo Eli $288,226.27 See notes #4,5 Actual PY2023 Carry Over TOTAL FUNDS AVAILABLE $622,078.63 6/11 t2023 Notes• 1. Public services expenditures are subject to a 15% cap based on the 2024 formula allocation plus the 2023 program income. 2. The Village amended the PY24 Action Plan to increase the funding for the Single Family Rehab Program. These funds are available for rehabilitation projects for two years (Oct 1, 2024 through Sep 30, 2026). 3. This project is a carryover from PY23 and was completed in PY24. 4. Program income is generated from repayment of 0% interest loans from the single-family rehabilitation program. Program income received in PY2024 will be programmed after it is received. S. Numbers with * are subject to change.