Laserfiche WebLink
FIVE YEAR SUPPORTIVE HOUSING PLAN <br /> FINAL REPORT <br /> • Combining smaller affordable and permanent housing developments into a single <br /> deal to utilize tax credit and bond financing. <br /> • Expanding the unit mix within traditional affordable family developments to include a <br /> small percentage (up to 20%) of studios and one bedroom apartments that will be <br /> set aside for the chronically homeless. <br /> • Creating an operating deficit reserve fund to cover shortfalls due to escalating <br /> expenses over income. <br /> • Developing a plan for the eventual disposition or restructuring of debt for each <br /> development at the end of the affordability period. <br /> PAGE VI <br />