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Opportunities: Funding <br />•Local funds and resources <br />•Lower-Income Housing Fund (balance ~$14 Million; expected to grow) <br />•Land/property <br />•In-kind resources <br />•Outside Funds – Locally Allocated <br />•HOME <br />•County or Regional Bond Funds <br />•Competitive / Application Based Program Funds (LIHTC, other) <br />Opportunities: Partnerships <br />•Affordable housing projects are costly <br />and complex to develop and finance – <br />generally involve partnerships, with a <br />non-profit builder or developer in the lead <br />•Other partnerships: <br />•Public agencies <br />•Non-Profit or mission-driven <br />organizations (e.g. religious entities) <br />•Private, for-profit, developers – public <br />funds can deepen or extend affordability <br />Page 86 of 90