BACKGROUND

The purpose of this public hearing is to receive final comments on the proposed 2018 Annual Action Plan. The Village Board will consider whether to approve the draft 2018 Annual Action Plan under a later item on this agenda.

At the public hearing, the public is to be invited to comment on the full, draft 2018 Annual Action Plan including the CDBG budget that is contained therein.

2018 Annual Action Plan

The Annual Action Plan states how the Village will address the community development needs of its low and moderate income residents during the program year including how it will use its available CDBG funds. Although it is only a part of the Annual Action Plan, the Community Development Block Grant (CDBG) budget for the program year has historically been of particular interest to members of the community. The CDBG draft budget, which is contained within the 2018 Annual Action Plan, is provided as a separate attachment for the convenience of the Village Board and the public.

HUD REVEIW

If approved by the Village Board, the Village’s 2018 Annual Action Plan will be submitted by Cook County with the 2018 Annual Action Plans of the other municipal members of the Cook County HOME Consortium. HUD may take up to 45 days to review the Village’s 2018 Annual Action Plan. Upon approval, HUD will provide a Grant Agreement to the Village for its Federal fiscal year 2018 CDBG entitlement funds. The Village’s 2018 Annual Action Plan will be due to Cook County in August 2018.