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Housing and Healthy Communities Advisory Board · Feb 26, 2026
HHCAB Committee Meeting (Housing Trust Fund)
Discussed
- 1Overview of HHCAB February Meeting Post-It Note Results · Staff presented Housing Trust Fund ideas generated by the full HHCAB board on February 2, 2026, with dot-voting results indicating member priorities. No formal vote taken.
- Housing Trust Fundin progressHHCAB board members' prioritized Housing Trust Fund ideas from the February 2, 2026 meeting were reviewed; dot voting indicated relative member priorities among the ideas generated. A project requested use of the existing $542,524 affordable housing funding balance; the request was shared with Council on January 23 and February 16, 2026, and the City Manager noted Council input was needed on the desired use of current funds, with staff offering to schedule a work session. The Strategy Team reached consensus to focus on the existing $542,524 balance for affordable housing development and to have staff develop competitive allocation policies and procedures, with the framework designed for reuse if additional funding becomes available.
- 2Staff Update · Staff provided updates on three matters: adoption of the Affordable Housing Strategic Plan, a pending request for use of existing Housing Trust Fund funds, and the FY 2027 proposed budget. No formal vote taken.
- Affordable Housing Strategic PlanapprovedThe Affordable Housing Strategic Plan, presented to Council by consultant TPMA on November 4, 2025, was adopted by the City Council on February 17, 2026. Supporting affordable housing development—a strategy included in the adopted Affordable Housing Strategic Plan—was cited as justification for directing existing Housing Trust Fund resources toward development activities.
- FY 2027 Budgetin progressThe City Manager presented the proposed FY 2027 budget to Council on February 24, 2026; the presentation noted no new initiatives or service expansions, and the $600,000 requested for ongoing Housing Trust Fund revenue was not included.
- 3Discussion of Next Steps · The Strategy Team reached consensus on three next steps: (1) focus on the existing $542,524 balance; (2) direct funding toward affordable housing development consistent with the adopted Affordable Housing Strategic Plan and national best practices; and (3) have staff develop policies and procedures for a competitive allocation process, examining Fairfax County's and City of Falls Church's processes. Members also agreed to distribute an AI-generated funding model to support long-term funding identification efforts. No formal vote taken.
- Beacon Landingin progresswikiBeacon Landing was identified as a contributing source of gap financing ($700,000 used in February 2023) in the Housing Trust Fund balance timeline, leaving the current net balance at $542,524.
- Strategic Planin progressThe adopted Affordable Housing Strategic Plan was referenced as the basis for prioritizing affordable housing development as the primary use of existing Housing Trust Fund dollars.