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HomeMy WebLinkAboutRes 20-2025 07/15/2025 Consolidated Plan Including The 2025 Program Year (PY) Action Plan Community Development Block Grant Entitlement ProgramRESOLUTION NO. 20-2025 A RESOLUTION APPROVING THE 2025-2029 CONSOLIDATED PLAN INCLUDING THE 2025 PROGRAM YEAR (PY) ACTION PLAN COMMUNITY DEVELOPMENT BLOCK GRANT ENTITLEMENT PROGRAM WHEREAS, the Village of Mount Prospect has prepared a five-year Consolidated Plan, which includes the Process used to develop this Plan, a Needs Assessment, Market Analysis, Strategic Plan, and the Annual Action Plan for Program Year 2025, which runs from October 1, 2025 to September 30, 2026; and WHEREAS, the Village of Mount Prospect is entering its forty fifth year as an entitlement community under the federal Community Development Block Grant Program; and WHEREAS, in the past forty four years the Village has used its Community Development Block Grant entitlement to implement various projects to address the community development and housing needs of low and moderate -income and elderly residents, to reduce and prevent the occurrence of deterioration in the Village, to increase accessibility for persons with disabilities, and to address other community needs in conformance with the objectives of the Community Development Block Grant Program; and WHEREAS, the Village of Mount Prospect expects to be allocated $292,098 for Program Year 2025 from the U.S. Department of Housing and Urban Development; WHEREAS, the Mayor and Board of Trustees have determined that the Consolidated Plan and the use of CDBG funds can be of benefit in providing for residents' health, safety and welfare and in meeting the community and housing needs of its citizens; 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 attached 2025-2029 Consolidated Plan, which includes the 2025 Action Plan. The Action Plan anticipates spending Community Development Block Grant funds in the amount of $292,098: Homeless Services $28,880 Public Services $24,800 Affordable Housing $18,418 Community Facilities $25,000 Public Infrastructure $195,000 PY 2025 CDBG TOTAL FUNDS COMMITTED $292,098 Page 2/2 CDBG allocations SECTION TWO: As a member of Cook County's HOME Consortium, the Village of Mount Prospect, along with all the Consortium members, are submitting their Consolidated Plans as a joint and coordinated document to the U.S. Department of Housing and Urban Development. The Mayor and Board of Trustees of the Village of Mount Prospect hereby authorize the Village Manager to prepare and forward to Cook County a submission of Mount Prospect's 2025-2029 Consolidated Plan in accordance with Federal guidelines. This Plan includes an application for PY 2025 federal Community Development Block Grant funds. SECTION THREE: 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 ABSENT: None PASSED and APPROVED this 15th day of July, 20?� ATTEST: Karen M. Agoranos, illage Clerk