HHCAB Committee Meeting (Housing Trust Fund)

Presented

• 2
  Continue to Review Draft Policies and Procedures · Members discussed and identified next steps for developing the Housing Trust Fund application process, including establishing a minimum scoring threshold, developing a multi-award approach, simplifying the application, and connecting with the City of Falls Church. A tentative timeline targets presenting a complete draft to the full HHCAB in July, with the Housing Program Manager to share a draft prior to the May 20 Strategy Team meeting.

  • Housing Trust Fundin progressThe Strategy Team continuedDeferredPostponed to a later meeting without a decision. Items can be deferred to a set date or indefinitely. reviewing draft policies and procedures, agreeing on next steps to simplify the application process, establish a minimum scoring threshold, develop a multi-award funding approach, and explore alignment with the City of Falls Church's process.
  • Housing Trust Fund application process simplificationMembers agreed to streamline application requirements to reduce applicant burden, even if this means diverging from Fairfax County's process, while keeping scoring criteria transparent.
  • Minimum scoring thresholdMembers agreed to establish a baseline score that applications must meet to be considered for Housing Trust Fund funding.
  • Multiple awards approachMembers discussed allocating funds to more than one applicant when multiple applications meet the threshold, with impact (units proposed divided by funding requested) as a possible allocation method.
  • City of Falls ChurchThe Housing Program Manager was directed to connect with the City of Falls Church to understand its selection process and application framework, and to prepare a draft based on that process prior to the May 20 meeting.