Title
Housing Trust Fund Developments
Body
Committee Chair:
LaWana Mayfield, Housing and Neighborhood Development Chair
Staff Resource(s):
Pamela Wideman, Housing and Neighborhood Services
Time: 45 minutes
Explanation
§ City Council established a Housing Trust Fund in 2001 to provide gap financing for affordable housing in the Charlotte community.
§ Housing and Neighborhood Services staff will provide a briefing on the FY 2018 Housing Trust Fund support requests.
§ A Request for Proposals (RFP) for developers seeking Housing Trust Fund assistance was posted on July 10, 2017. All housing units achieved through this process will assist the City Council in meeting their affordable housing goals as outlined in the Community Letter.
Future Action
City Council will be asked to approve the FY 2018 Housing Trust Fund recommendations during the September 25, 2017 Business Meeting.
Attachments
Attachment(s)
Community Letter
Housing Funding Support Requests Presentation