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 22-127    Name:
Type: Resolution Status: Passed
In control: President and Board of Trustees
On agenda: 5/16/2022 Final action: 5/16/2022
Title: A Resolution Approving a Funding Grant Agreement Between the Village of Oak Park and the Oak Park Regional Housing Center (OPRHC) in the Amount of $150,000 Effective January 1, 2022 through June 30, 2022 and Authorizing Its Execution
Attachments: 1. Resolution, 2. OPRHC 2022 Agreement, 3. 2020 OPRHC Audit Report Final, 4. RES 21-83_L_03.01.21 Funding Grant Agreement with OPRHC Fully Executed, 5. RES 21-142 Amendment to Funding Grant Agreement - OPRHC Signed 06.25.2021, 6. PY21 OPRHC CDBG - Public Servi, 7. OPRHC VOP 2022 Funding Request, 8. OPRHC VOP Accomplishments YTD 2021, 9. 2021 Year End Numbers
Submitted By
Tammie Grossman, Director of Development Customer Services

Reviewed By
A.M. Zayyad

Agenda Item Title
Title
A Resolution Approving a Funding Grant Agreement Between the Village of Oak Park and the Oak Park Regional Housing Center (OPRHC) in the Amount of $150,000 Effective January 1, 2022 through June 30, 2022 and Authorizing Its Execution

End
Overview
Overview
Pursuant to the Village's 2021 Funding Grant Agreement with the OPRHC, the OPRHC was required to submit its 2020 Audit on November 30, 2021. The OPRHC did not submit its 2020 audit by the due date, and staff informed the Board that we would present the 2022 Funding Agreement upon receipt of the 2020 Audit. The OPRHC submitted its 2020 Audit to the Village on April 29, 2022. OPRHC is requesting to submit its 2021 audit no later than June 30, 2022.

End
Recommendation
Recommendation
Should the Board accept the late audit, adopt the Resolution.

Fiscal Impact
In the 2022 budget, there is $300,000 budgeted from the General Revenue Fund for the ORPRHC funding grant agreement. Additionally, the OPRHC has 2 grants under the CDBG program totaling $122,500. The Community Development Block Grant (CDBG) grant agreements expire on September 30, 2022. The OPRHC has submitted applications for the next CDBG funding cycle starting October 1, 2022, and the Community Development Citizen Advisory Commission will be presenting its recommendation for Program Year 2022 funding in June 2022.

Background
The Village has funded the Housing Center since its creation in the 1970s. Historically, the Village supports OPRHC by utilizing both General Revenue Funds and federal Community Development Block Grant (CDBG) funds to pay for specific projects of the Housing Center relating to the Multi-family Housing Incentives Program and its general administration. Because the Housing Center provides services for CDBG and non-CDBG funded activities, it is necessary for the Village and the Housing Center to have separa...

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