Financing Permanent Supportive Housing
Are you planning to use your HOME-ARP funds for construction of rental housing? Then please register for our upcoming session on Permanent Supportive Housing (PSH). PSH is affordable rental housing combined with support services that enables people who are homeless, at risk of homelessness or otherwise unstably housed, to lead more stable lives.
Financing PSH is a HOME-ARP eligible activity that is a proven, cost-effective solution for housing people experiencing homelessness, especially those who are chronically homeless.
This interactive course will use exercises and case studies to help participants understand typical project costs, operating income, operating expenses, including services, and the role of debt and subsidy to develop financially feasible PSH. If you are planning to finance or develop PSH with your HOME-ARP or other funds, this session cannot be missed!
Who Should Attend? Attendance is encouraged for those planning to finance or develop permanent supportive housing, including those planning to do so with HOME-ARP funds. While financing experience is not necessary, attendees should have a working knowledge of Excel, especially the financing formulas used to calculate loan payments, loan amounts, interest rates and terms.
Participant Pre-Assignment: Participants are requested to bring their own laptop loaded with Excel.
Instructor: Stan Fitterman
Training Dates and Times: The training is being held on March 12-13, 2024. Registration on Day 1 will be from 8:30-9:00am. Training will occur from 9:00am-4:30pm on both days. For more information, please refer to the agenda.
Training Site: Homewood Suites by Hilton New Orleans French Quarter 317 N Rampart New Orleans, Louisiana 70112 (504)-930-4494.
Training Room: Please confirm with front desk.
Meals: No meals will be provided during this training; each participant is responsible for their own meals.