This record contains private information, which has been redacted from public viewing.
Record #: O2020-2828   
Type: Ordinance Status: Passed
Intro date: 5/20/2020 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 6/17/2020
Title: Allocation of Affordable Housing Opportunity Funds to Inner-City Muslim Action Network for establishment of IMAN Green Re-Entry Program to help preserve affordable housing in gentrifying neighborhoods
Sponsors: Lightfoot, Lori E.
Topic: FINANCE FUNDS - Affordable Housing Opportunity Fund
Attachments: 1. O2020-2828.pdf


OFFICE OF THE MAYOR
CITY OF CHICAGO
LORI E. LIGHTFOOT
MAYOR

May 20, 2020










TO THE HONORABLE, THE CITY COUNCIL OF THE CITY OF CHICAGO


Ladies and Gentlemen:

At the request of the Commissioner of Housing, I transmit herewith an ordinance authorizing an allocation of AHOF funds to the Inner City Muslim Action Network.

Your favorable consideration ofthis ordinance will be appreciated.


Very truly yours,

ORDINANCE
WHEREAS, the City of Chicago (the "City") is a home rule unit of government under Article VII, Section 6(a) ofthe Constitution ofthe State of Illinois, and, as such, may exercise any power and perform any function pertaining to its government and affairs; and

WHEREAS, the City has determined that the continuance of a shortage of affordable housing to persons of low and moderate income is harmful to the health, prosperity, economic stability and general welfare of the City; and

WHEREAS, the City, through its Department of Housing ("DOH"), desires to establish the IMAN Green Re-entry Program (the "IMAN Program") to help preserve at-risk affordable housing in gentrifying neighborhoods in Chicago through a paid construction training and apprenticeship program for formerly incarcerated individuals and court-involved youth, as more specifically set forth on Exhibit A attached hereto; and
WHEREAS, pursuant to Section 2-44-080(G)(1) of the Municipal Code of Chicago (the "Municipal Code"), funds deposited into the Affordable Housing Opportunity Fund ("AHOF Funds") may be used for the construction, rehabilitation or preservation of affordable housing or may be used in connection with such other housing programs as shall be specifically approved by the City Council for such revenues; and

WHEREAS, the IMAN Program will directly enhance the preservation of affordable housing in Chicago; and

WHEREAS, the City desires to authorize the use of AHOF Funds for the IMAN Program; now, therefore,

BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:

SECT...

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