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 20-037    Name:
Type: Resolution Status: Passed
In control: President and Board of Trustees
On agenda: 1/27/2020 Final action: 1/27/2020
Title: Resolutions Awarding Multi Family Housing Incentives Grants and Authorizing the Execution of Marketing Services Agreements as Reviewed by the Housing Programs Advisory Committee 1. MSA 1901-G with $6,900 grant 2. MSA 1902-G with $10,000 grant 3. MSA 1903-G with $8,200 grant 4. MSA 1904-G with $5,200 grant 5. MSA 1905-G with $6,900 grant 6. MSA 1907-G with $10,000 grant 7. MSA 1908-G with $5,600 grant 8. MSA 1911-G with $10,000 grant 9. MSA 1913-G with $10,000 grant 10. MSA 1914-G with $10,000 grant 11. MSA 1915-G with $10,000 grant 12. MSA 1919-G with $10,000 grant 13. MSA 1922-G with $10,000 grant 14. MSA 1923-G with $10,000 grant 15. MSA 1926-G with $10,000 grant 16. MSA 1927-G with $7,200 grant 17. MSA 1928-G with $10,000 grant
Attachments: 1. MSA 1901-G Resolution, 2. MSA 1901-G Mortgage, 3. MSA 1901-G Note, 4. MSA 1901-G Agreement, 5. MSA 1902-G Resolution, 6. MSA 1902-G Mortgage, 7. MSA 1902-G Note, 8. MSA 1902-G Agreement, 9. MSA 1903-G Resolution, 10. MSA 1903-G Mortgage, 11. MSA 1903-G Note, 12. MSA 1903-G Agreement, 13. MSA 1904-G Resolution, 14. MSA 1904-G Mortgage, 15. MSA 1904-G Note, 16. MSA 1904-G Agreement, 17. MSA 1905-G Resolution, 18. MSA 1905-G Mortgage, 19. MSA 1905-G Note, 20. MSA 1905-G Agreement, 21. MSA 1907-G Resolution, 22. MSA 1907-G Mortgage, 23. MSA 1907-G Note, 24. MSA 1907-G Agreement, 25. MSA 1908-G Resolution, 26. MSA 1908-G Mortgage, 27. MSA 1908-G Note, 28. MSA 1908-G Agreement, 29. MSA 1911-G Resolution, 30. MSA 1911-G Mortgage, 31. MSA 1911-G Note, 32. MSA 1911-G Agreement, 33. MSA 1913-G Resolution, 34. MSA 1913-G Mortgage, 35. MSA 1913-G Note, 36. MSA 1913-G Agreement, 37. MSA 1914-G Resolution, 38. MSA 1914-G Mortgage, 39. MSA 1914-G Note, 40. MSA 1914-G Agreement, 41. MSA 1915-G Resolution, 42. MSA 1915-G Mortgage, 43. MSA 1915-G Note, 44. MSA 1915-G Agreement, 45. MSA 1919-G Resolution, 46. MSA 1919-G Mortgage, 47. MSA 1919-G Note, 48. MSA 1919-G Agreement, 49. MSA 1922-G Resolution, 50. MSA 1922-G Mortgage, 51. MSA 1922-G Note, 52. MSA 1922-G Agreement, 53. MSA 1923-G Resolution, 54. MSA 1923-G Mortgage, 55. MSA 1923-G Note, 56. MSA 1923-G Agreement, 57. MSA 1926-G Resolution, 58. MSA 1926-G Mortgage, 59. MSA 1926-G Note, 60. MSA 1926-G Agreement, 61. MSA 1927-G Resolution, 62. MSA 1927-G Mortgage, 63. MSA 1927-G Note, 64. MSA 1927-G Agreement, 65. MSA 1928-G Resolution, 66. MSA 1928-G Mortgage, 67. MSA 1928-G Note, 68. MSA 1928-G Agreement, 69. 2019-12-18 Housing Programs Advisory Committee Minutes
Submitted By
Tammie Grossman, Director of Development Customer Services

Reviewed By
LKS

Agenda Item Title
Title
Resolutions Awarding Multi Family Housing Incentives Grants and Authorizing the Execution of Marketing Services Agreements as Reviewed by the Housing Programs Advisory Committee

1. MSA 1901-G with $6,900 grant
2. MSA 1902-G with $10,000 grant
3. MSA 1903-G with $8,200 grant
4. MSA 1904-G with $5,200 grant
5. MSA 1905-G with $6,900 grant
6. MSA 1907-G with $10,000 grant
7. MSA 1908-G with $5,600 grant
8. MSA 1911-G with $10,000 grant
9. MSA 1913-G with $10,000 grant
10. MSA 1914-G with $10,000 grant
11. MSA 1915-G with $10,000 grant
12. MSA 1919-G with $10,000 grant
13. MSA 1922-G with $10,000 grant
14. MSA 1923-G with $10,000 grant
15. MSA 1926-G with $10,000 grant
16. MSA 1927-G with $7,200 grant
17. MSA 1928-G with $10,000 grant

End
Overview
Overview
These resolutions would approve funding for seventeen (17) Multi-Family Incentives Grants and authorize the execution of 3-year marketing services agreements to support each one.

End
Recommendation
Recommendation
Approve the resolution.

Fiscal Impact
These grants totaling $150,000 will commit the entire FY2020 budget for this type of grant, which is $150,000. This program was budgeted under the General Fund, account no. 1001-46206-300-585612.

Background
The Development Customer Services Department administers the Multi-family Housing Incentives Program, which was established by Ordinance in 1984. The program is open to multi-family buildings with four or more units. The program has two major purposes: (1) to upgrade the physical conditions of multi-family buildings; and (2) to expand the housing choices of renters to encourage diversity. The program has three different types of assistance: (1) Grants of up to $10,000 for building or unit improvements; (2) Rental Reimbursement payments for vacant units cer...

Click here for full text