Loading...
HomeMy WebLinkAboutIR 10091 INFORMAL REPORT TO CITY COUNCIL MEMBERS No. 10091 To the Mayor and Members of the City Council January 9, 2018 r� Page 1 of 1 �i {i7 Y *a SUBJECT: FUNDING FOR DEVELOPMENT OF PERMANENT SUPPORTIVE rrn HOUSING This Informal Report summarizes a briefing on permanent supportive housing from the December 5, 2017, meeting of the City Council's Housing and Neighborhood Services Committee. Directions Home, a unit in the City Manager's Office, is working to make homelessness rare, short-term and non-recurring. Developing more permanent supportive housing is necessary to reduce chronic homelessness, which includes those with disabilities and more than a year homeless. A key recommendation from the City Council's Task Force on Permanent Supportive Housing was to expand the current inventory, which is 1,404 units. A study of housing needs by OrgCode Consulting found that to end chronic homelessness an additional 1 ,450 units of permanent supportive housing are needed in Tarrant County over the next ten years. A donation from the BNSF Railway Foundation for supportive services has allowed Directions Home to allocate $500,000.00 in the operating budget for capital projects with permanent supportive housing units. There is an opportunity for Directions Home to increase the supply of permanent supportive housing through a public-private partnership. A local foundation has committed $2.5 million over five years to match City funds for capital permanent supportive housing. Other foundations have also expressed interest in funding the development of permanent supportive housing. There is a possibility of using Housing Finance Corporation funds to match these private foundation dollars for permanent supportive housing projects. The funding is for capital gaps only and the City will not be the sole or majority funder. City staff has recently issued a Request for Proposals (RFP) to develop permanent supportive housing with possible assistance from the City and local foundations. Project requirements include the provision of at least 20 permanent supportive housing units through either rehabilitation or new construction, rents at or below Fair Market Rent, proximity to public transportation and grocery stores, land use consistency with the City's Comprehensive Plan, and location in a neighborhood with a relatively low poverty rate. Proposals are due on January 22, after which a staff panel will meet to review and evaluate proposals. Staff would like to brief the City Council's Housing and Neighborhood Services Committee about the results of this evaluation at the committee's February 6 meeting. If you have any questions about this information, please contact Directions Home Manager Tara Perez at 817-392-2235. David Cooke City Manager ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS