HomeMy WebLinkAboutResolution 171-R-26, Approving the Reallocation of up to $2.5M of ARPA Funds from the McGaw YMCA Activity to the Affordable Housing Construction and Acquisition Activity07/27/2026
171-R-26
A RESOLUTION
Approving the Reallocation of up to $2.5M of ARPA Funds from the
McGaw YMCA Activity to the Affordable Housing Construction and
Acquisition Activity
WHEREAS, the City of Evanston has allocated $4.5M of its State and Local Fiscal
Recovery Funds (SLFRF) from the American Rescue Plan Act (ARPA) to projects that
develop new and preserve existing income-restricted affordable housing units to expand
the supply of housing units affordable to households with incomes that do not exceed the
area median income; and
WHEREAS, up to $2.5M of the McGaw YMCA’s allocation of ARPA funds is at risk
of recapture if construction does not begin by September of 2026, the Evanston City
Council believes reallocating up to $2.5M of those funds to the Affordable Housing
Construction and Acquisition ARPA activity to be used on other affordable housing
activities including, but not limited to, increasing ARPA funding for the Mt. Pisgah
Apartments and acquiring existing scattered -site housing units with expiring affordability
restrictions, and allocating the same amount of funding from the City’s Affordable Housing
Fund to the McGaw YMCA to renovate the Men’s Residence, a 152 -unit single-room
occupancy facility, is in the best interests of the citizens of Evanston,
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF EVANSTON, COOK COUNTY, ILLINOIS:
Page 1 of 2
171-R-26
SECTION 1: That the City Manager is hereby authorized to reallocate up to $2.5M
of ARPA from the McGaw YMCA Men’s Residence Rehabilitation activity to the
Affordable Housing Construction and Acquisition activity, and allocate the same amount
of funding to the McGaw YMCA for their Men’s Residence Rehabilitation from the City’s
Affordable Housing Fund.
SECTION 2: That the City Manager is hereby authorized and directed to negotiate
any terms of an Agreement as may be determined to be in the best interests of the City.
SECTION 3: That this Resolution shall be in full force and effect from and after
its passage, approval, and publication in the manner provided by law.
_______________________________
Daniel Biss, Mayor
Attest:
______________________________
Stephanie Mendoza, City Clerk
Adopted: __________________, 20__
Approved as to form:
______________________________
Alexandra B. Ruggie, Corporation Counsel
Page 2 of 2
26July 27