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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 for Funding.

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National Housing Trust Fund

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  1. 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

  2. Framework for Funding Provide financing to expand housing units • NHD/Govt. Support pilot project concept • nteragencyouncil Provide Supportive Services Build partnership between health and housing agencies

  3. NHD/Govt. • Developer/Equity Partners NHTF Supportive Housing Model • Interagency Council • Non-profit/Social Services • Housing Authorities • NHD/Govt.

  4. 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

  5. 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)

  6. 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

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