The City of Clearwater's Neighborhood & Affordable Housing Advisory Board convened on December 12, 2023, to discuss key initiatives and funding allocations aimed at enhancing affordable housing and community services. The meeting focused on the city's financial strategies and project updates related to housing assistance and public services.

The session began with a review of the city's annual allocation of $500,000 in HOME funds, with an additional $1.7 million earmarked for various housing initiatives. The board acknowledged the necessity to budget as if all allocated funds would be spent within the program year, despite historical spending patterns indicating otherwise.

One of the primary objectives for the fiscal year 2023-2024 is to assist 190 households through homeowner education programs. However, the board reported that only 164 households were helped this past year, as funding was redirected to the State Housing Initiative Partnership (SHIP) program. Additionally, the construction of 14 rental units was discussed, with one unit completed at Kimberly Home. The board noted that 278 rental units are currently in the pipeline, with several projects progressing towards permit submission.

The meeting also highlighted the use of American Rescue Plan Act (ARPA) funding, which has been instrumental in providing tenant-based rental assistance (TBRA) to support low-income households. The board emphasized the importance of mixed-income developments to maintain affordability in the housing market.

Public service projects were another focal point, with nearly $734,000 allocated to 17 initiatives aimed at improving community services, including security enhancements and support for homeless empowerment programs. The board acknowledged challenges in aligning certain projects with Community Development Block Grant (CDBG) funding requirements.

In conclusion, the meeting underscored Clearwater's commitment to addressing affordable housing needs and enhancing community services through strategic funding and project management. The board plans to continue monitoring progress and adapting strategies to meet the evolving needs of the community.