Mixed Finance-Planning Grant Program for Local Housing Authorities
The Department of Housing and Community Development (DHCD) and the Massachusetts Housing Partnership (MHP) are making available planning grants for local housing authorities (LHA). These planning grants will be used to support early stage feasibility activities for housing authorities contemplating the creation of new units on housing authority owned land or the redevelopment of an existing state funded public housing development. MHP will be administering these grants and will be working closely with DHCD to coordinate the identification of eligible projects and the award of the planning grants.
MHP will provide a limited number of grants to housing authorities seeking assistance for development projects using DHCD's mixed finance regulations 760 CMR 4.12 ? 4.16. These regulations, promulgated in 2005, provide opportunities for LHA's to use a variety of tools to redevelop obsolete and troubled existing public housing and develop new housing on HA controlled land. MHP intends to award planning grants on a schedule that is in alignment with the public and private financing that will be needed to make these projects viable.