Professional Documents
Culture Documents
PARTICIPATION
June 21, 2016
2) Livable Communities
Demonstration Account (LCDA)
Funded project elements include: street
improvement, plazas, parks, demolition, design,
development plans, implementation techniques,
market studies, storm water management,
zoning, land acquisition, master plans, utility
relocation, site assembly and reconstruction.
Supports development and redevelopment that links
housing, jobs, and services and demonstrates efficient
and cost-effective use of land and infrastructure.
3) Local Housing
Incentives Account (LHIA)
Produces and preserves affordable housing
choices for low to moderate incomes.
Funds cover gap financing costs including:
land/property/structure acquisition, demolition,
site preparation (utilities, roads), general
construction/structural additions, alterations
and rehabilitation, interior and exterior
finishing, roofing, electrical, plumbing, heating
and ventilation.
4) Transit Oriented
Development (TOD)
Catalyzes development around light
rail, commuter rail and high frequency
bus stations.
Promote moderate to high density
development projects located within
mile walking distance of major transit and
typically include mix of uses (housing,
jobs, restaurants, shops, entertainment)
How to Participate
To compete for LCA funding, cities or
towns must negotiate long-term
affordable and lifecycle housing goals
with the Council and develop a Housing
Action Plan.
Housing Report finalized July, 2016
(Maxfield)
Plan is due June, 2017
How to Participate
A public resolution of support is
required. Developers are encouraged
to partner with eligible applicants.
QUESTIONS