This article was created by AI using a video recording of the meeting. It summarizes the key points discussed, but for full details and context, please refer to the video of the full meeting.
Link to Full Meeting
DuPage County has taken a significant step towards enhancing affordable housing options for seniors and individuals with disabilities. During the HAG CDC Committee Meeting on July 1, 2025, members unanimously approved a conditional commitment of $2,400,336 in HOME Investment Partnerships Program funds to Gorman and Company LLC for the construction of 71 affordable rental units in Naperville, Illinois.
This decision is part of a broader strategy to support housing projects that also seek Low-Income Housing Tax Credits (LIHTC). The approval process involves a preliminary set-aside, which allows developers to secure funding while awaiting tax credit approval. The committee emphasized the importance of moving forward with the conditional commitment to avoid delays in project timelines, particularly as the developers aim to close on the properties by August.
In a similar vein, the committee also approved a conditional commitment of $1,750,000 for a project by Full Circle Communities Incorporated, which will create 42 affordable rental units in Glen Ellyn, Illinois. This project is designed to serve families and individuals with disabilities, further addressing the urgent need for affordable housing in the region.
Both projects reflect the county's commitment to providing essential housing resources and demonstrate a collaborative effort among community advocates and local government. The committee's actions not only facilitate immediate housing solutions but also set a precedent for future developments aimed at improving the quality of life for vulnerable populations in DuPage County.
As these projects progress, the county will continue to work closely with developers to ensure all necessary approvals and risk analyses are completed before finalizing funding commitments. The swift actions taken during this meeting highlight the county's proactive approach to tackling housing challenges and supporting community needs.
Converted from DuPage County HAG CDC Committee Meeting, Tuesday 7/1/25 meeting on July 01, 2025
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