Supporting At-Risk Residents

SUPPLEMENTAL FUNDING MOVING FORWARD • $26 million remaining ($13.6 in ARPA and $13.1 in State Funds) to be spent by 2025 Proposed uses: 。 Mixed Income Market Fund (FKA the MR Accelerator Fund} to target slightly higher income levels (65% - 100% AMI) as that is identified as a critical need Continue the Catalyst Fund past the December 2024 commitment deadline as there is a robust pipeline for the program 。 Offer another Special 4% LIHTC Round, like the special round offered in the fall of 2023. Offer another round of downpayment and closing cost assistance (Launched in January)

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