Submitted By
Tammie Grossman, Director of Development Customer Services
Agenda Item Title
Title
Overview of the CDBG CARES (Community Development Block Grant Coronavirus Aid, Relief, and Economic Security) Act Funding
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Overview
Overview
The Village was awarded $980,107 in CDBG CARES Act funding.
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Anticipated Future Actions/Commitments
Recommendation
The Village Board will approve the Award of CDBG CARES Act funding for Village services that support low- and moderate-income residents impacted by the COVID-19 pandemic and via grant agreements to Oak Park not-for-profits organizations service low- and moderate-income residents.
Body
Report
As a result of the recent federal Coronavirus Aid, Relief, and Economic Security (CARES) Act, the Village received $980,107 in CDBG funding from US Department of Housing and Urban Development (HUD) to prevent, prepare for, and respond to COVID-19 and provide assistance to income eligible residents and businesses economically impacted by COVID-19. The Village has received a number of inquiries following the announcement of funding and the staff recommends that funds be disbursed into three categories:
1. Assist low- and moderate-income (LMI) households with rent, mortgage and/or utility assistance for no more than three months through the Village and Housing Foreward existing program;
2. Provide business assistance to create and retain jobs for employees that are LMI. Business may not have received PPP and have fewer than 10 employee; and
3. Assist LMI persons with Public Services with a priority for food security for individuals that prevent, prepare for, and respond to COVID-19. The CDBG regulations allow the use of grant funds for a wide range of non-profit organizational activities, including, but not limited to: employment services; crime prevention; services to assist at-risk children and families; health services; substance abuse services; fair housing counseling an...
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