CDBG-R Substantial Amendment for Public Comment

THE CDBG-R SUBSTANTIAL AMENDMENT Jurisdiction(s): CDBG-R Contact Person: City of Chicago, IL Ann McNabb, Acting Budget Director Address: Lead Agency: 121 N. LaSalle St., Room 604 Office of Budget & Management Chicago, IL 60602 Telephone: Jurisdiction Web Address: 312-744-3323 Fax: www.cityofchicago.org/recovery www.cityofchicago.org/budget 312-744-3618 Email: amcnabb@cityofchicago.org ENSURING RESPONSIBLE SPENDING OF RECOVERY ACT FUNDS The City of Chicago is pleased to submit this Substantial Amendment to our FY2008 CDBG Action Plan. The historic economic stimulus legislation enacted by President Obama earlier this year provides us with many opportunities to create jobs and protect people and their quality of life during these tough economic times. In Chicago, we are moving to take full advantage of the diverse opportunities the Act offers. We welcome this unprecedented federal support, and we appreciate the opportunity being made available by HUD to use CDBG-R funds for these important economic recovery objectives. Consistent with the spirit and intent of the American Recovery and Reinvestment Act, the City of Chicago proposes to use CDBG-R funds for two broad purposes: job creation and housing preservation. Within these two categories, we are proposing seven innovative programs aimed at low-to-moderate income populations that are ...