Submitted By
Ahmad M. Zayyad, Deputy Village Manager / Interim Director of Development Customer Services
Reviewed By
LKS, Deputy Village Manager
Agenda Item Title
Title
A Resolution Approving a Funding Grant Agreement between the Village of Oak Park and the Oak Park Housing Authority in the Amount of $35,000 for 2024 and Authorizing Its Execution
End
Overview
Overview
The 2024 Funding Grant Agreement between the Village of Oak Park and the Oak Park Housing Authority (OPHA), including a scope of services and program goals and measurements, is presented for the Village Board's review.
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Recommendation
Recommendation
Adopt the Resolution.
Background
The following information is meant to provide a historical timeline in terms of Village funding provided to the Oak Park Housing Authority since 2005.
In 2005, the Housing Authority experienced a decrease in funding from the U.S. Department of Housing and Urban Development (HUD) for the administration and operation of the Housing Choice Voucher Program. Many Housing Authorities across the country and in Illinois also experienced similar cuts in funding. In 2005, the Village agreed to give the Housing Authority a stand-by funding commitment of $150,000 from the Housing Bonds Fund to cover the federal shortfall. However, in 2005, the Housing Authority only requested actual funding in the amount of $21,388.
In 2006, the Village made an additional funding commitment to the Housing Authority in the amount of $100,000 but the OPHA only invoiced the Village $29,000. In 2007, the Housing Authority invoiced the Village $42,043. In 2008, the Housing Authority requested $100,000 in funding authorization to fund the expected shortfall in federal funding for administrative costs of the Housing Choice Voucher program but then only invoiced the Village $34,720.
In 2009, the Housing Authority requested $25,000 to cover the federal shortfall in funding. In 2010-12, the Village did not fund the administrative shortf...
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