LISC Housing Grant Information
LOCAL INITIATIVES
SUPPORT CORPORATION
95 Berkeley Street,
Suite 202
Boston, MA
02116
TEL: 617-338-0411
FAX: 617-338-2209
SUBURBAN HOUSING INITIATIVE
The Local Initiatives Support Corporation
(LISC) will be inviting funding requests from non-profit,
community-based organizations involved in advocacy for and/or the
development of affordable housing in suburban communities of Greater
Boston. Funding and technical assistance will be made available for
organizational operating costs, organizational development issues,
housing and community development strategies. And the establishment of
partnerships between and among entities. Organizations selected for
funding will be eligible to receive project-specific loans and grants
from LISC.
With a quarter century of experience working with
citizen-led initiatives to solve community problems, LISC believes that
community based organizations can play an important role in remedying
the serious shortage of affordable housing in the Greater Boston area.
New and expanded community development activity in the suburbs will
complement the impressive accomplishments of community development
corporations (CDCs) that
LISC has supported in urban neighborhoods. The goals of LISC’s
Suburban Housing Initiative are:
§
To strengthen or facilitate the creation of enduring,
sustainable, locally based organizations that have a community
development vision which integrates affordable housing into broad
community planning and development blueprints
§
To support citizen- and resident-led initiatives which
advance environmentally sensitive affordable housing developments that
can readily gain broad-based community acceptance and support
§
To increase the amount of affordable housing in Greater
Boston’s suburbs and assist communities in achieving legal and
regulatory targets for affordable housing production and overall mix.
§
To encourage activities that support regional solutions to
the creation of affordable housing
LISC’s over-arching goal is to bolster the
infrastructure for producing housing in the suburbs. LISC’s expertise
of building local capacity through community-based organizations will
add value to other efforts underway to address the affordability of
housing in Greater Boston.
Funding under this RFP will be targeted to work and
activities in connection with specific affordable housing developments,
local affordable housing strategies and production systems and organizational capacity building that will strengthen the
grantee’s ability to impact the production of affordable housing over
the long term.
While LISC has supported primarily community
development corporations, LISC recognizes that it is not feasible for
every community to have its own non-profit development organization.
Development organizations which serve multiple communities,
community-based organizations that are primarily involved in advocacy on
housing and community development issues and organizations that are
involved with non-residential development as well as housing are all
envisioned as potential applicants and grantees under this Suburban
Housing Initiative. It is expected that in
most instances the grantee will need to collaborate with other
organizations and individuals that have the specific technical expertise
to develop affordable housing. It is hoped that applicants will reach
out to experienced and established CDCs to partner and collaborate on
new suburban affordable housing.
Eligible Applicants
Non-profit organizations incorporated (or prepared
to incorporate) under ch. 180 of Mass. General Laws, and tax exempt
under Section 501 ( c ) 3, of the Internal Revenue Code with following
characteristics:
§
Activities are limited by charter, by-laws or policy to
communities within the target geography of this RFP
§
Majority of the Directors must be residents of the
community or communities served by the organization; at least one
director must reside in each community in which grant-funded activities
will occur.
§
Activities connected to affordable housing should be
included in the purposes sections of the organization’s articles of
organization, by-laws. or policy.
NOTE: Funding
under this RFP is not available to government or quasi-government
organizations, including local committees, the members of which are
appointed by elected or appointed government officials
Target Geography of this RFP: Communities within Route 495 that have less than 10 percent
of their housing units affordable, i.e. subject to provisions of chapter
40B.
Joint proposals:
Proposals from two or more organizations, at least one of which
meets the basic eligibility criteria are acceptable and encouraged.
Minimum
requirements for consideration (“Threshold
criteria”)
I. Applicant
must play a significant, advocacy, financing, and/or development roles
with either
(i) a specific affordable housing project
OR
(ii) two or more potential
projects in which specific available sites have been identified and
resources that would insure achieving 25 percent affordability are known
to be available
II.
There are local resources for affordable housing, which may
include
§
Community Preservation Act funds
§
Local inclusionary zoning
§
Community membership in a federal HOME funds consortium
§
Developable land owned by local government
III.
The application has the written support of at least one local public
official such as mayor, city/town manager, or
members of Board of Selectmen, local housing authority, local
planning board, or local conservation commission.
Funding
Levels
LISC will make up to 5 one-year grants ranging in
amounts of $30,000 to $70,000. Subject to grantee performance and future
availability of funds, LISC intends to renew grants for at least a
second year.
Maximum grant amounts:
for single applicant/single community:
$45,000
for single applicant/multiple communities:
$60,000
for joint application
$70,000
PLEASE HELP LISC
IDENTIFY GOOD
CANDIDATES FOR FUNDING.
TELL THEM
WHOM TO SEND THE
RFP AND APPLICATION TO.
CALL
LISC 617 338 0411 (Mat Thall at x 222 or Jay Paget at x 231) or e-mail jpaget@liscnet.org
with information about potential applicants
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