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Issue 4 Funding Streams

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  • 1. Funding Streams
    Public Housing Funding Resources
  • 2.
  • 3. Overview
    Review of federal resources available for creation of housing and services
    Some are population specific (i.e. families only)
    Recent changes made to some programs
    3
  • 4. Federal
    Supportive Housing Program (SHP)
    Pays for the development of supportive housing and services
    States, units of local government, other governmental entities such as public housing agencies (PHAs), and private non-profits can get SHP
    Helps homeless individuals and families
  • 5. Federal
    Shelter Plus Care (S+C)
    Pays for rental subsidies if support services are provided
    States, local government units, and PHAs can apply for funding
    Helps homeless people with a disability and their families
  • 6. Federal
    Emergency Solutions Grant (ESG) funds:
    Shelter and outreach activities
    Prevention and re-housing activities (new)
    Short- or medium term rental assistance (new)
    Assists homeless individuals and families
    $160m FY2008
  • 7. Federal
    HUD-VASH (Veterans Administration Supportive Housing)
    Newer program designed to provide veterans with supportive housing
    10,000 vouchers funded
    Funders Together to End Homelessness • 220 Newbury Street, 2nd Floor, Boston, MA 02116 • 617.236.2244 • www.FundersTogether.org
    7
  • 8. Federal
    Housing Opportunities for People with AIDS (HOPWA) funds:
    Housing and services for people living with HIV/AIDS
    $300m FY 2009
    Two types of HOPWA $
    Formula – allocated based on # of AIDS cases
    Competitive – for model projects or programs
  • 9. Federal
    HOME Investment Partnership Program
    Largest Federal block grant to states and local governments
    Creates affordable housing for low income people
    Provides home purchase or rehab financing to eligible homeowners and new homebuyers
  • 10. Federal
    Housing Choice Voucher Program (Section 8) provides:
    tenant based subsidies
    project based subsidies
    Tenant pays 30% of the total rent
    Income must be 50% or less of AMI
  • 11. Federal
    Section 811 – Supportive Housing for People with Disabilities
    Serves very low-income people (less than 30% AMI)
    With at least one household member 18 years older with a disability
    FY2009 $250m
  • 12. Federal
    Funders Together to End Homelessness • 220 Newbury Street, 2nd Floor, Boston, MA 02116 • 617.236.2244 • www.FundersTogether.org
    12