Ordinance O2024-0011016
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Amendment of Municipal Code Section 16-14 regarding Neighborhood Opportunity Fund Program
Auto-generated summary
Chicago's City Council has redefined 'Group I Award' and 'Group II Award' in the Municipal Code, setting grant limits for projects funded under the Neighborhood Opportunity Fund, with eligible costs capped at 75% and 50% of total costs respectively. Additionally, training and administrative costs are limited to 15% of the Fund. Group I grants are under $260,090-99300,000.00, while Group II exceed $250-099-00300,000.00.
Sponsors
| Sponsor | Ward | |
|---|---|---|
|
Johnson, BrandonPrimary Sponsor |
History
| Date | Legislative body | Action |
|---|---|---|
| Date 2024-07-17 | Legislative body Chicago City Council | Action Referred |
| Date 2024-07-17 | Legislative body Chicago City Council | Action Introduced |