CITY OF CHICAGO * 2021 BUDGET INITIATIVE Housing & Homelessness Prevention Investments Each year, between 15,000 and 20,000 Chicagoans access services while experiencing homelessness. COVID-19 has not only increased the vulnerability of individuals experiencing homelessness, it has also magnified the effects of economic hardship putting more households at risk of homelessness. In 2020, Mayor Lightfoot increased City investments by $10 million in housing and support services for those without a home. Additionally, the City leveraged more than $87 million in CARES Act funding in 2020 to provide emergency housing relief and support as well as homelessness prevention. These services continue to be prioritized for 2021, with a continuation of the $10 million 2020 commitment. Of the 2021 investment, this includes the $5 million investment continuing in 2021 for the Flexible Housing Pool (FHP)to rapidly connect. individuals with complex needs who are frequently using crisis systems (e.g., emergency rooms, shelters, or jail detention) to supportive housing and increase access to needed services. These investments focus on youth aged 18-24 experiencing homelessness, includingthose aging out of the foster care system and the formerly incarcerated. The City will also continue its $5 million 2020 investment in the Chicago Low Income Housing Trust Fund to provide crucial assistance for Chicago's most vulnerable residents, including very lowincome households and the formerly incarcerated. The City is also leveraging another $52.5 million in CARES Act funding for 2021 for housing assistance and homelessness prevention and support. Additionally, the City is investing an additional $2 million in 2021 for Renew Woodlawn initiatives that supports the Woodlawn Housing Ordinance passed in 2020. This initiative protects existing Woodlawn residents from displacement, expends homeownership opportunities and ensures inclusive economic growth for the historic south side neighborhood.