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Mooresville staff outline HOME/CDBG/ARPA options and developer playbook to advance attainable and affordable housing
Summary
Town staff summarized federal funding mechanisms (HOME, CDBG, ARPA), described limits on ARPA eligibility, and presented recommendations of the board—s Attainable Housing Working Group: a developers— playbook, CHDO partnerships, land‑bank considerations and a more structured application process for incentives and gap loans.
Town staff briefed the board on the range of federal and local tools available to support affordable and attainable housing and presented the Attainable Housing Working Group—s recommendations, including a developers— playbook, a stronger role for Community Housing Development Organizations (CHDOs) and exploration of a land bank or land‑banking practices.
Amber Boudreau (community planning staff) and other presenters explained the three main federal funding sources commonly used by municipalities: the HOME program, the Community Development Block Grant (CDBG) program and American Rescue Plan Act (ARPA) funding dedicated to housing. Staff warned that each source carries different eligible uses, compliance requirements and timelines.
HOME, CDBG and ARPA: purposes and limits
Staff said HOME funds are typically focused on low‑income homeowner and rental…
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