Many Lower Cape communities are energized to focus on moderate income housing production. However, funding for moderate income housing development is scarce. In this workshop, we’ll discuss the revenue streams that towns should be targeting in order to fund a broad housing production strategy for community members of all incomes. We will cover local resources in additional to state and federal resources. We will include the limited funding sources available for homeownership community housing and will focus on funding for rental community housing. Finally, we’ll help you think through how to make the case to town hall and voters.
Most affordable housing developments require financial support from federal, state and/or local public sources, and the funds generally come with restrictions and requirements. In this workshop, we will explore:
- Housing needs for moderate income households and why we don’t call it “workforce” housing
- Local, state and federal funding sources for moderate income (aka community) housing
- Local examples of towns that have allocated new revenues for community housing initiatives
- Laura Shufelt, Director of Community Assistance | Massachusetts Housing Partnership
- Panel: to be announced
Who should attend: Municipal officials and town staff: Finance Committee, Select Board, Affordable Housing Trusts and Affordable Housing Committees, Finance Directors, Town Managers and Administrators