Supportive Housing Financing 2019 NC Affordable Housing Conference

Supportive Housing Financing 2019 NC Affordable Housing Conference October 8, 2019 City of Charlotte

SUPPORTIVE HOUSING Supportive Housing - Supportive housing is a combination of housing and services designed to assist people live more stable, productive lives. The following often qualify as supportive housing: • • • Senior Housing (assisted/ services offered) Veteran Housing (services offered) Recovery Halfway Housing Hospice Formerly Homeless City of Charlotte 2

SUPPORTIVE HOUSING Many types of funding can be used to develop supportive housing. Before you proceed: • • • Is the supportive housing project ACTUALLY supportive housing? Is the owner/operator an experienced service provider? Have you confirmed eligibility of all your funding sources? City of Charlotte 3

SUPPORTIVE HOUSING CDBG (Community Development Block Grant) Broad funding source for investing in low and moderate income communities. • • • Land/ Building Acquisition – ELIGIBLE Infrastructure Improvements– ELIGIBLE Services – ELIGIBLE (maybe? ) New Construction – NOT ELIGIBLE Crosscutting Requirements Apply! City of Charlotte 4

SUPPORTIVE HOUSING CDBG (Community Development Block Grant) Eligible Beneficiaries Eligible Use (Statutory/ Consolidated Plan) Crosscutting • • City of Charlotte Environmental Procurement/ Contracting Davis Bacon Section 3 5

SUPPORTIVE HOUSING HOME (Home Investment Partnership) Broad funding source for investing in low and moderate income housing. • • • Land/ Building Acquisition – ELIGIBLE Rehabilitation - ELIGIBLE Infrastructure Improvements– Probably NOT ELIGIBLE Services – NOT ELIGIBLE New Construction – ELIGIBLE Crosscutting Requirements Apply! City of Charlotte 6

SUPPORTIVE HOUSING HOME (Home Investment Partnership) Eligible Beneficiaries Eligible Use (Statutory/ Consolidated Plan) Minimum Housing Code/ HQS Deed Restrictions Crosscutting • • • City of Charlotte Environmental Procurement/ Contracting Davis Bacon Section 3 7

SUPPORTIVE HOUSING ESG (Emergency Solutions Grants) Addresses the needs of homeless people in emergency or transitional shelters to assisting people to quickly regain stability in permanent housing after experiencing a housing crisis • • • Land/ Building Acquisition – NOT ELIGIBLE Rehabilitation - ELIGIBLE Infrastructure Improvements– NOT ELIGIBLE Services – ELIGIBLE New Construction – NOT ELIGIBLE City of Charlotte 8

SUPPORTIVE HOUSING HOPWA (Housing Solutions for Persons with HIV/AIDS) Funding source dedicated to the housing needs of people living with HIV/AIDS. • • • Land/ Building Acquisition – ELIGIBLE Rehabilitation - ELIGIBLE Infrastructure Improvements– NOT ELIGIBLE Services – ELIGIBLE New Construction – (SRO and community residences) City of Charlotte 9

SUPPORTIVE HOUSING Project Example Supportive Housing Project Funding Sources Charlotte HOME Funds Charlotte HOPWA NCHFA Supportive Housing Foundations City of Charlotte $97, 600 $250, 000 $365, 000 $18, 000 $730, 600 10

THANK YOU Warren Wooten City of Charlotte twooten@charlottenc. gov 704 -336 -2489 City of Charlotte 11