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Authorizing Kane-Elgin Home Consortium Affordable Housing Fund Program Year 2026 Projects
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WHEREAS, Kane County Board No. 04-06 established the Kane-Elgin HOME Consortium; and
WHEREAS, said program, funded by the U.S. Department of Housing and Urban Development (HUD) and U.S. Department of Treasury (Treasury), is to be implemented in a manner consistent with the priorities and strategies identified in the local jurisdiction's Housing and Community Development Consolidated Plan; and
WHEREAS, the County's Consolidated Plan, which covers a five-year period including Program Years 2025 through 2029, including the Program Year 2025 budget, was approved by the Kane County Board with the passage of Resolution No. 25-266; and
WHEREAS, said plan must be updated periodically to identify priorities and objectives for each program year, and to include programs and projects that will be undertaken with funds awarded by HUD and Treasury; and
WHEREAS, the County was notified that it will receive various Federal funding awards during Program Year 2026; and
WHEREAS, the County's 2025-2029 Consolidated Plan approved by the Kane
County Board authorizes the Kane-Elgin HOME Commission to allocate funds from the Affordable Housing Fund; and
WHEREAS, the total funding available in the Affordable Housing Fund for Program Year 2026 totaled $2,411,592.94; and
WHEREAS, the Kane-Elgin HOME Commission received and reviewed 4 applications from various affordable housing development entities and the County’s administrative expenses; and
WHEREAS, the Kane-Elgin HOME Commission at their meeting on October 29, 2026, recommended funding for 3 projects for a total dollar amount $2,157,242.83 as detailed in Attachment A.
NOW, THEREFORE, BE IT RESOLVED by the Kane County Board that the Chairman of the Kane County Board and/or the Director of the Development & Community Services Department are hereby authorized to execute development agreements and any other documents required to effectuate mortgages and promissory notes for the projects listed in Attachment A subject to review and advisement by the Kane County State's Attorney and to be in compliance with all State and Federal regulations.
Passed by the Kane County Board on December 8, 2026.
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John A. Cunningham, MBA, JD, JD Corinne M. Pierog MA, MBA
Clerk, County Board Chairman, County Board
Kane County, Illinois Kane County, Illinois
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