Housing Trust Fund Initiatives for Affordable Housing Development
Explore initiatives like the National Housing Trust Fund, funding frameworks, supportive housing models, goals/outcomes, input requirements, and next steps aimed at providing affordable housing solutions and supportive services to vulnerable populations.
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Presentation Transcript
National Housing Trust Fund National Housing Trust Fund Focus on construction of new Rental Housing units Expected $3 million in annual funding 30 Year Affordability Period 75% of funds benefits extremely low income households/below federal poverty level
Framework Framework for Funding for Funding Provide financing to expand housing units Support pilot project concept NHD/Govt. nteragency ouncil Provide Supportive Services Build partnership between health and housing agencies
NHTF Supportive Housing Model NHTF Supportive Housing Model Developer/Equity Partners NHD/Govt. NHD/Govt. Interagency Council Non-profit/Social Services Housing Authorities
Goals/Outcomes Goals/Outcomes Stabilize at risk Nevadans Provide opportunity to seek and retain treatment/services Reduce medical costs Shift services away from emergency care Expand affordable housing choices
ICH Input ICH Input Requirements Integrated community model (i.e. mixed income) Proximity to services Unit or development configuration Geographic preference Serve specific subpopulation (individuals, families, youth, veterans)
Next Steps Next Steps Report back to full council Public workshop Diverse group of stakeholders Identify supportive services and funding source Discuss roles and responsibilities Integration of funding into development timetables
