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Clearwater proposes shifting HOME‑ARP funds from rental assistance to affordable rental development
Summary
Staff proposed a substantial amendment to redirect $1.637 million in HOME‑ARP funds away from tenant‑based rental assistance and supportive services toward development of affordable rental units targeted to people experiencing or at risk of homelessness; the advisory board voted to forward the amendment to council for action and public hearings.
Phil Mayhew, acting housing manager for the City of Clearwater, told the Neighborhood and Affordable Housing Advisory Board that staff is proposing a substantial amendment to the city’s HOME‑ARP strategy to shift a larger share of funds into development of affordable rental housing.
Mayhew said the city received a one‑time HOME‑ARP allocation of $1,637,005.67 and HUD requires a formal “substantial amendment” process if the city moves more than 25% of funding from one use category to another. “This change would shift funds away from the tenant‑based rental assistance and supportive services and instead fund the development of affordable,…
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