Built in Cook Loan Fund

We want to hear from you  – see our notices posted below:

Public Hearings and Public Comment Notice – Draft Substantial Amendment to the 2010-2014 Consolidated Plan, Cook County, IL

The Cook County Bureau of Economic Development is accepting citizen comments regarding its Draft Substantial Amendment to the 2010-2014 Consolidated Plan to include economic development goals and strategies for suburban Cook County as eligible under the U.S. Department of Housing and Urban Development’s (HUD) Community Development Block Grant (CDBG) program Section 108 loan guarantee initiative.

Public Hearings and Public Comment Notice – Draft Section 108 Loan Pool Application, Cook County, IL

The Cook County Bureau of Economic Development is accepting citizen comments regarding its Draft Section 108 Loan Pool Application. As an entitlement jurisdiction under the U.S. Department of Housing and Urban Development’s (HUD) Community Development Block Grant (CDBG) program, Cook County is eligible to apply for a Section 108 loan guarantee which can be utilized as a financing tool for economic development. The Draft Section 108 Loan Pool Application identifies proposed uses and strategies to address economic development needs in suburban Cook County.

Public Participation Opportunities
An important part of the process of developing the Draft Substantial Amendment to the 2010-2014 Consolidated Plan and the Draft Section 108 Loan Pool Application is to promote citizen participation and solicit input.

All interested parties are encouraged to provide written comments. In addition, both Drafts will be reviewed and considered for approval at public hearings conducted by the Community Development Advisory Council (CDAC) at 7 p.m. on August 22, 2012 and the Cook County Board of Commissioners at 9 a.m. on September 10, 2012. Both meetings will occur in the Cook County Board Chambers located at 118 North Clark, 5th Floor, Chicago, IL 60602. Public participation is welcome and encouraged.

The Draft Substantial Amendment to the 2010-2014 Consolidated Plan and the Draft Section 108 Loan Pool Application may be reviewed at the Cook County Bureau of Economic Development offices at 69 West Washington Street, Suite 2900, Chicago, IL 60602, or on-line at the Cook County website:www.cookcountyil.gov/economicdevelopment beginning on August 7, 2012 (see posting below).

Written comments for both Drafts are being accepted from August 7, 2012 – September 5, 2012 and must be received by 4:00 p.m. on September 5, 2012 in order to receive consideration. Written comments must be directed to Jennifer Miller, Program Manager, Cook County Bureau of Economic Development, 69 West Washington, Suite 2900, Chicago, IL 60602. Jennifer.miller@cookcountyil.gov

View and Download Documents – posted August 7, 2012:

Draft Substantial Amendment FINAL

Draft Section 108 Application FINAL