ACCEPTANCE AND APPROPRIATION
OF THE THIRTY-SECOND (32nd) YEAR
HOME INVESTMENT PARTNERSHIPS GRANT FY23
COMPANY 5000 - ACCOUNTING UNIT 1450
$2,095,389
(Under the administrative direction of
the Community Services Department)
resolution
WHEREAS, the DuPage County Board passed a motion on February 14, 2023 which adopted the 2023 Action Plan and authorized the submission of an application for the Thirty-Second (32nd) Year HOME Investment Partnership Program for $1,860,190 (ONE MILLION, EIGHT HUNDRED SIXTY THOUSAND, ONE HUNDRED NINETY AND NO/100 DOLLARS); and
WHEREAS, all funding for the program will be provided by the U.S. Department of Housing and Urban Development; and
WHEREAS, DuPage County's HOME Investment Partnerships Program expects $235,199 (TWO HUNDRED THIRTY-FIVE THOUSAND, ONE HUNDRED NINETY-NINE and NO/100 DOLLARS) in program income to be available in Program Year 2023 that should be included in the program's budget; and
WHEREAS, the period of performance of this grant is April 1, 2023 to March 31, 2024; and
WHEREAS, no additional County funds are required to receive said funding from the U.S. Department of Housing and Urban Development; and
WHEREAS, acceptance of this funding does not add any additional subsidy from the County; and
WHEREAS, the DuPage County Board finds the need to appropriate said funds creates an emergency within the meaning of the Counties Act, Budget Division, (55 ILCS 5/6-1003).
NOW THEREFORE, BE IT RESOLVED by the DuPage County Board that the additional appropriation on the attached sheet (ATTACHMENT I) in the amount of $2,095,389.00 (TWO MILLION, NINETY-FIVE THOUSAND, THREE HUNDRED EIGHTY-NINE AND NO/100 DOLLARS) be made to establish the Thirty-Second (32nd) Year HOME Investment Partnerships Program FY23, Company 5000 - Accounting Unit 1450 for the period of April 1, 2023 to March 31, 2024; and
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