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Issue 4 Funding Streams


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Issue 4 Funding Streams

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