HomeMy WebLinkAboutRes 45-93 11/16/1993 RESOLUTION NO. /45 - 9 3
A RESOLUTION ESTABLISHING THE ANNUAL
COMPREHENSIVE HOUSING AFFORDABILITY STRATEGY FOR 1994
WE[EREAS, the Village of Mount Prospect is a recipient of Community
Development Block Grant funds; and
WBEREAS, the V'fllage of Mount Prospect has prepared a Comprehensive Housing
Affordability Strategy which identifies the housing needs of low 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 proposed Comprehensive Housing Affordability Strategy for 1994.
WBlgREAS, the Plan Commission of the Village of Mount Prospect has determined
that the Comprehensive Housing Affordability Strategy for 1994 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 affordab'flity priority areas identified for the
year 1994:
To continue to work with a not-for-profit developer in the development of a
senior citizen's housing apartment development in the downtown area:
To address the special needs of elderly Iow-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 others in assembling financial packages and
educational programs to assist low-income households to purchase residential
homes;
To identify the promotion of fmancial rental assistance programs using HUD
Section 8 Certificates and Voucher Programs as well as using funds from the
HOME Program for Mount Prospect residents; 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 effect fi.om and after
its passage and approval in the manner provided by law.
AYES: Corcoran, Hendrieks, Hoefert, Skowron, Wilks
NAYS: None
ABSENT: Clowes
PASSEDANDAPPROVEDt~s 16th day of November , t993.
MAYOR
ATTEST:
CAROL A. FIELDS,
VILLAGE CLERK