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AHAB forms subcommittees to shape trust-fund priorities, NOFO timeline
Summary
The board discussed and assigned members to subcommittees that will operationalize two Place for Everyone strategies: (1) awarding trust funds for subsidized production and (2) identifying diversified funding sources. Subcommittees must be approved by the City Commission and will operate as public meetings.
At its Feb. 13 meeting, the City of Lawrence Affordable Housing Advisory Board discussed the structure and membership of subcommittees that will draft and refine the Affordable Housing Trust Fund NOFO and research additional revenue streams.
Board and staff described two primary work groups the board will lead under the Place for Everyone plan: (1) a trust-fund grants/work group to recommend how to prioritize and distribute funds for subsidized production of affordable units (strategy 1) and (2) a revenue/work group to identify and recommend sustainable, diversified funding streams for the Affordable Housing Trust Fund (strategy 11). Board members said other, narrower work groups aligned…
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