Affordable Housing Funding Sources. This training offers an introduction to the abundance of funding sources for affordable housing programs. It will provide an overview of the most widely available affordable housing funding sources. Local, state, and federal programs will be discussed such as Emergency Solutions Grant, Continuum of Care Program, State Housing Initiatives Program, HOME Investment Partnerships Program, Community Development Block Grant, Low Income Housing Tax Credits, and more. The workshop will review funding sources for rental development to help housing providers understand how to combine and leverage major funding sources to complete their rental housing projects. A demonstration will be featured demonstrating how a developer decides on the best funding sources for a project and builds out a pro forma as part of the development process. Participants interested in homeownership will learn about tools and strategies to incentivize the creation of affordable housing, including inclusionary zoning, linkage fees, surplus lands, and impact fee modifications.
Affordable Housing Funding Sources. An overview of funding, including SHIP, SAIL, CDBG, HOME, HOPWA, ESG, HUD CoC, and LIHTC. Presenters will provide an overview of where these sources come from, how they are allocated, the allowable uses, and the process to obtain them. Participants will build on that knowledge and discuss how these funds could be leveraged in different scenarios. The training is designed for SHIP administrators, other local government housing staff, and nonprofit organizations. This session is a must for those new to the world of affordable housing.
