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EDA refers request to loosen West End Quad Pod covenants to HRA after questions about rents and occupancy

2530125 · February 18, 2025
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Summary

The board reviewed a request from 1 Roof Community Housing to relax covenants on four units in the West End Quad Pod (16‑unit project) so employers can sign leases for seasonal employees; commissioners asked the Housing and Redevelopment Authority to weigh in at its meeting before EDA action.

Cook County Economic Development Authority commissioners discussed a request from 1 Roof Community Housing to modify covenants on four units of a 16‑unit West End Quad Pod housing project to allow employer‑guaranteed leases for seasonal workers.

The packet shows the proposal would allow an employer to sign a lease guaranteeing rent for an occupant term (several commissioners characterized these as multi‑month leases) and place that arrangement on four units as an experiment. Commissioners and staff noted that the EDA is the property owner/fiscal agent for some housing subsidies, while the newly formed Housing and Redevelopment Authority (HRA) is the county’s housing expert; staff said the HRA will discuss the request at its next meeting and return a recommendation.

Members discussed rent levels and marketability: several commissioners said the proposed rent is higher than typical arrangements for seasonal workers and suggested lowering rent or adjusting terms to increase occupancy. Board members also raised the option of an MOU with the HRA to delegate future operational approvals to the HRA rather than routing every rental decision to the EDA.

No formal EDA action was taken; staff will brief the HRA and return the matter with the HRA’s recommendation.