Build Capacity for Capital and Operating Resources
This is a critical step prior to implementation to ensure an effective supportive housing strategy to inform the Medicaid authority to be established.
Build Up Capital Fund Sources
Low-Income Housing Tax Credit:
- Determine whether current Qualified Allocation Plan (QAP) incentivizes this work. If so, engage developers and provide education and technical assistance;
- If not, revamp the QAP and allocate points to the designated population; and
- Consider a consolidated RFP for supportive housing, such as those in Connecticut, Louisiana and New York.
Explore Availability of Additional Capital Resources
- Determine feasibility of using federal Housing Trust Fund, Social Innovation Funds, social impact bonds (SIBs), multifamily bonds, HUD (Section 202, 811, HOPWA, HOME, CDBG, SHP)*, New Market Tax Credits, tax-increment financing and public-private partnerships.
Encourage Scattered Site and Single Site
- Accelerate the availability of new units by enabling scattered-site housing, which may require little or no capital.
*Housing Opportunities for Persons with AIDS, HOME Investment Partnerships Program, Community Development Block Grants, Supportive Housing Program
Build Up Operating Fund Sources
Maximize Public Housing Authority (PHA) Participation
- Engage the local HUD field office;
- Implement PSH limited preference;
- Tap into unused special-purpose vouchers;
- Project-base existing tenant-based vouchers; and
- Revamp the PHA's system of preferences.
Pursue State Funds to Support Efforts
- Determine if the state has any existing rental subsidy dollars;
- Use projected savings to fund rental subsidies;
- States may be willing to match such investments; and
- Consider repurposing MH and substance use treatment dollars.
- HUD Section 811, Section 202;
- Money Follows the Person; and
- SIBs/Pay for Success.