Legislation Details

File #: 25-1634    Version: 1
Type: Action Item Status: Adopted
File created: 6/25/2025 In control: Home Advisory Group
On agenda: 7/1/2025 Final action: 7/1/2025
Title: Request to waive the Funding-HOME Applications, Risk Analysis and Monitoring/Financial Viability of HOME Funded Projects Policy, Section 5. and recommendation of a Conditional Commitment of $1,750,000 of HOME Investment Partnerships (HOME) Program funds between DuPage County and Full Circle Communities, Inc. – Taft and Exmoor Development – for new construction of 42 units of affordable rental housing development in Glen Ellyn, IL for families and persons with disabilities.
Attachments: 1. HAG-Memo - FCC - Cond Com Taft Exmoor-JH.pdf, 2. Underwriting Memo Full Circle Taft Exmoor-JH.pdf, 3. FCC-HOME Application & Underwriting 06.25.2025-Complete.pdf