HHCAB Committee Meeting (Housing Trust Fund)

Presented

• 2
  Review of Draft Policies and Procedures · The Strategy Team reviewed the draft Housing Trust Fund policies and procedures and identified several areas requiring further clarification and refinement: the application of priority language, the proposed scoring framework, and the selection process including authority for final funding decisions. The team also discussed structuring awards when multiple qualified applicants exist. No formal approval process has been directed by City Council at this time; the goal is to have a fully developed process ready to align with future Council action.

  • Housing Trust Fundin progressThe Strategy Team reviewed draft policies and procedures, identifying areas needing refinement including priority language, scoring framework, and selection/approval authority. City Council has not yet directed staff to advance a formal approval process for accessing existing funds.
  • City of Falls ChurchThe City of Falls Church Affordable Housing Fund Guidelines were cited as one of the reference documents informing the draft Housing Trust Fund policies and procedures.
  • Fairfax County Department of Housing and Community Development presentationCity Council requested that the Fairfax County Department of Housing and Community Development present to HHCAB, after which HHCAB may shape a presentation for Council that could introduce a proposed Housing Trust Fund process.
• 3
  Plan for HHCAB Regular Meeting in April · The Housing Program Manager will distribute draft Housing Trust Fund materials to the full HHCAB in advance of the April meeting for member review and feedback, with materials to be presented and discussed at the meeting.
• 4
  Set Ongoing Meeting Schedule · The Housing Trust Fund Strategy Team established an ongoing virtual meeting schedule on the third Wednesday of each month at 4:00 p.m.

  • Housing Trust Fund Strategy Team meeting scheduleThe team agreed to meet virtually on the third Wednesday of each month at 4:00 p.m. as its ongoing recurring schedule.