title
Authorization to submit FY2024 MTW Annual Report to HUD.
presenter
Presenter: Jennifer Hoyle, Deputy Chief of Staff
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Recommendation
The Interim Chief Executive Officer (“CEO”) of the Chicago Housing Authority (“CHA”) recommends that the CHA Board of Commissioners (“Board”) approve the FY2024 MTW Annual Report and authorize CHA to submit the FY2024 MTW Annual Report 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 Report to HUD, due no later than 90 days after the close of the CHA’s fiscal year. The MTW Annual Report provides year-end information regarding CHA’s operations, finances and MTW activities, as well as information necessary for HUD to assess CHA’s compliance with the MTW Program.
In 2024, HUD issued a revised Form 509900 (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 reports.
Respectfully Submitted:
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Angela Hurlock
Interim Chief Executive Officer