May 22, 2020
F&A Special Committee on COVID-19 Recovery Update
The Lake County Special Committee on COVID-19 Recovery met today to review program concepts that would assist residents and businesses with the impacts of COVID-19. The Committee provided guidance to the Lake County Staff to develop programs for funding rental assistance, small business assistance, and local food pantries.
"The members of our committee and this Board are focused on allocating these resources in ways that help people most in need. Through the hard work of the Lake County staff, we've identified and come to agreement on some initial funding allocations to support rental assistance programs, food banks and the initial approach to supporting Lake County small businesses," said Committee Chair Paul Frank. "Our committee will continue to hear from impacted communities and stakeholders and we will be looking to ensure that our assistance programs are fair, equitable and are in compliance with federal guidelines for these funds. I am grateful to my colleagues and our staff for all their contributions."
Today, the committee recommended that the following dollar amounts be directed towards the following programs:
- $4 million Rental Assistance
- $2 million Food Insecurity
- $10 million Small Business Assistance
- $2 million Lake County COVID-19 Expenses
These programs will be discussed in greater detail at the next Special Committee meeting on May 29 and then will move forward to the Finance and Administrative Committee on June 4. If approved, these recommendations will move to a final vote at the June 9 Lake County Board Meeting.
The video recording of today's meeting can be found online at www.lakecountyil.gov/forward.
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