title
MODIFICATION ONE
TO THE HOME INVESTMENT PARTNERSHIPS AGREEMENT BETWEEN
THE COUNTY OF DUPAGE AND ADDISON HORIZON LIMITED PARTNERSHIP,
AN ILLINOIS LIMITED PARTNERSHIP
resolution
WHEREAS, the Illinois General Assembly has granted COUNTY authority to make all contracts and do all other acts in relation to the property and concerns of the county necessary to the exercise of its corporate powers (Illinois Compiled Statutes, Chapter 55, paragraphs 5/5-1005), and to enter into agreements for the purposes of receiving funds from the United States government under the “Housing and Community Development Act of 1974”, the National Affordable Housing Act of 1990, and the Housing and Community Development Act of 1992, and COUNTY may disburse those funds and other county funds for community development and other housing program activities (Illinois Complied Statutes, Chapter 55, paragraph 5/5-1093); and
WHEREAS, the COUNTY has applied to HUD for HOME Investment Partnerships Act funds from the United States Department of Housing and Urban Development (“HUD”) as provided by the Cranston-Gonzalez National Affordable Housing Act, as amended (Title II, Pub. L. 101-625) (“ACT”); and
WHEREAS, Addison Horizon Limited Partnership, an Illinois Limited Partnership, (hereinafter called “DEVELOPER”), having a principal place of business at 4200 W. Peterson Ave., Chicago, IL 60646 made an application to COUNTY for a loan of a portion of COUNTY’S HOME Investment Partnerships Act Funds (“HOME FUNDS”) in the amount of $5,250,000.00 for costs associated with the creation of 62 units of affordable rental housing for seniors, of which 30 units are HOME-assisted affordable housing units; and
WHEREAS, an Agreement was approved under Resolution #HS-R-0013-24 on June 11, 2024 requiring compliance with HOME requirements, and said agreement has been approved by Addison Horizon Limited Partnership, an Illinois limited partnership; and
WHEREAS, an Agreement Modification has been prepared to remove reference to one manager’s unit and to clarify compliance with ongoing property standards of the HOME program in accordance with 24 CFR 92.251 and the Community Development Commission (CDC) Property Standards, as amended; and
WHEREAS, the Agreement Modification has been approved by the HOME Advisory Group on February 3, 2026, and the DuPage County Human Services Committee on February 17, 2026.
NOW THEREFORE BE IT RESOLVED by the County Board that said Agreement Modification between the County of DuPage and Addison Horizon Limited Partnership, an Illinois limited partnership attached hereto, is hereby approved; and
BE IT FURTHER RESOLVED, that the Chair of the DuPage County Board is authorized and directed to execute said Modification on behalf of DuPage County and the Clerk is hereby authorized and directed to attest to such execution and affix the official seal thereto; and
BE IT FURTHER RESOLVED, that the Chair of the DuPage County Board is hereby authorized to approve amendments to PROJECT NUMBERS HM22-01/HM23-01 so long as such amendments further the completion of the project and are in accordance with regulations applicable to the HOME Investment Partnerships Act and the policies of DuPage County; and
BE IT FURTHER RESOLVED that the County Clerk be directed to send an original signed Agreement with this Resolution to Emmanuel Kinard, President, Addison Horizon, Inc., General Partner of Addison Horizon Limited Partnership, 4200 W. Peterson Ave., Chicago, IL 60646 and a copy to Community Development.
end
Enacted and approved this 24th day of February, 2026 at Wheaton, Illinois.
________________________________
DEBORAH A. CONROY, CHAIR
DU PAGE COUNTY BOARD
Attest: ___________________________________
JEAN KACZMAREK, COUNTY CLERK