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Committee approves HUD action-plan amendment to move older HOME dollars to a faster-moving project
Summary
Lake County approved a fourth amendment to its FY2025 HUD annual action plan, swapping the year/source of HOME funds between two projects—Northpointe (moving to older HOME dollars) and Mendothian Manor—so the project ready to break ground sooner can use older funds not subject to certain regulatory preferences.
Dominic Strezzo, community development administrator, explained the committee is being asked to approve an amendment to the FY2025 United States Department of Housing and Urban Development (HUD) annual action plan. The amendment reallocates the year of HOME fund sources between two projects —…
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