4.
APPROVAL OF MINUTES
4.A.
Home Advisory Group - Regular Meeting - March 4, 2025
APPROVED
Andrew Honig
Greg Schwarze
RESULT:
MOVER:
SECONDER:
5.
COMMITTEE VOTE REQUIRED
5.A.
Recommendation for approval of Modification One to HOME Agreement HM21-02a
between Catholic Charities, Diocese of Joliet, Inc. and the County of DuPage, increasing
the amount of HOME funding by $110,339 for a total HOME amount of $410,339.
Julie Hamlin discussed the existing HOME agreement with for the tenant-based rental
assistance they provide, which runs through November 14, 2025. Due to an increased demand,
they have utilized their initial funding of $300,00 more quickly than anticipated. As a result,
they have approached us to request additional funding of $110,339, which should allow them
to fulfill their agreement through November 2025.
APPROVED
RESULT:
Michael Crandall
Greg Schwarze
MOVER:
SECONDER:
5.B.
Recommendation for approval of a $2,400,336 preliminary set-aside of HOME
Investment Partnerships (HOME) Program funds between DuPage County and Gorman
& Company, LLC – Tower Court Residences – for new construction of 71 units of
affordable rental housing development in Naperville, IL for seniors and persons with
disabilities.
Julie Hamlin Administrator of Community Development reiterated Gorman & Co.
applied for HOME funding to Will County, requesting gap financing for the construction
of a 3-story, 71-unit affordable rental community. The project is designed to serve two
target groups: low-income seniors aged 62 and older, and individuals with intellectual
and/or developmental disabilities. The preliminary funds mentioned are a set-aside and
do not represent a commitment at this stage. A formal conditional commitment
recommendation will be presented once specific contingencies are addressed.
Additionally, the City of Naperville, as part of the DuPage County Consortium, has opted
to include its Will County areas within the consortium. This decision facilitates the use of
HOME investment funds in Naperville's Will County portions.
For full information, please visit the memorandum in the agenda packet.