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Regular Village Board meetings are typically held at 7:00 p.m., the first three Tuesdays of each month in Council Chambers of Village Hall (room 201), 123 Madison St. When a Regular Meeting falls on a holiday, the meeting typically is held the following night. The Village Board also meets in special sessions from time to time. However, dates and times of Special Meetings can vary and may change.

File #: RES 21-4    Name:
Type: Resolution Status: Passed
In control: President and Board of Trustees
On agenda: 1/19/2021 Final action: 1/19/2021
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 Fiscal Year 2021 and Authorizing its Execution
Attachments: 1. Resolution, 2. 2021 Funding Grant Agreement, 3. Exhibit 1 OPHA 2021 Funding Distribution, 4. Exhibit 2 Scope of Services for 2021, 5. Exhibit 3 OPHA Addendum, 6. OP Housing Authority 2020 Exhibit 3a Procurement Policy, 7. 2020 OPHA Activities Report, 8. 2020 Funding Grant Agreement
Submitted By
Tammie Grossman, Development Customer Services Director

Reviewed By
LKS

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 Fiscal Year 2021 and Authorizing its Execution

End
Overview
Overview
This is an annual agreement adopted by the Village to provide funding for this agency to cover the shortfall of funding from the U.S. Department of Housing and Urban Development to administer the Housing Choice Voucher Program.

End
Recommendation
Recommendation
Approve the Resolution.

Fiscal Impact
The Adopted FY 2021 Budget includes $35,000 for funding the Oak Park Housing Authority (Account #1001.46260.101.583670) from the Affordable Housing Fund.

Background
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. The Housing Authority only requested actual funding in the amount of $21,388. In 2006, the Village made an additional funding commitment of $100,000 and the Housing Authority actually invoiced $29,000. In 2007, the Housing Authority actually invoiced $42,043. In 2008, 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 and actually invoiced $34,720. In 2009, the Housing Authority received a direct allocation of $25,000 to cover the shortfall. In 2010-12, the Village did not fund the administrative shortfall. In 2013, the Housing Authority requested $25,000 to cover the administrative shortfa...

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