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Approval of the FY2024 MTW Annual Plan Amendment.
presenter
Presenter: Jennifer Hoyle, Deputy Chief of Staff
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Recommendation
The Chief Executive Officer (“CEO”) of the Chicago Housing Authority (“CHA”) recommends that the CHA Board of Commissioners (“Board”) approve the FY2024 MTW Annual Plan Amendment and authorize CHA to submit the FY2024 MTW Annual Plan Amendment to the Department of Housing and Urban Development (HUD).
The requested action complies in all material respects with all applicable federal, state and local laws, and CHA policies. CHA staff has completed all necessary due diligence to support the submission of this initiative.
Background
As part of its MTW Agreement, CHA is required to submit an Annual Plan to HUD, due no later than 75 days prior to the close of CHA’s fiscal year. The MTW Annual Plan provides an overview regarding CHA’s operations, finances and MTW activities, as well as information necessary for HUD to assess CHA’s compliance with the MTW Program. CHA’s FY2024 MTW Annual Plan was approved by HUD on May 1, 2024. CHA is now proposing an amendment to that plan.
In 2021, HUD issued a revised Form 50900 (Attachment B to the MTW Agreement) which outlines requirements for the content of MTW annual plans and reports and for tracking the impact of MTW activities. This submission complies with all of the requirements of the Amended and Restated MTW Agreement, including the revised Form 50900 and applicable HUD regulations for the submission of annual plans.
Respectfully Submitted:
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Tracey Scott
Chief Executive Officer