Submitted By
Tammie Grossman, Director of Development Customer Services
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 2019 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 (HUD) to administer the Housing Choice Voucher Program.
Body
Staff Recommendation
Approve the Resolution.
Fiscal Impact
The 2019 budget allocation request assumes general revenue funds totaling $35,000 account #1001.46206.230.585652. The contract presented is consistent with other partner agency contracts. As in previous years, program requirements dictate whether the Village provides funding based upon actual expenditures incurred for the particular program. The Housing Authority will submit reimbursement requests detailing the expenditures prior to the disbursement of any funds.
Background
The 2019 Funding Grant Agreement is in substantially the same form as the 2018 agreement. Historically the Village funds the administrative shortfall from the Federal government for the Housing Choice Voucher Program. In 2005, HUD decreased the amount of administrative support provided to the Housing Authority to administer the Housing Choice Voucher Program. The Housing Authority requests funding from the Village to cover the federal shortfall in order to maintain the high level of supportive services to Voucher households. The Village has been funding the administrative shortfall in most years since that time. Without the additional local assistance, the Housing Authority may be forced to turn over the administration of the Voucher program to the Cook County Housing Authority. The Cook County Housing Authority is unlikely to share the same commitment of the Housing Authority...
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