Our strategic roadmap for developing affordable housing for adults living with serious mental illness.
Recent data from Housing Navigator MA and the Metropolitan Area Planning Council reveals a critical shortage on Cape Cod.
Dedicated housing options currently exist for adults living with SMI on the Cape.
Of very low-income households (30-50% AMI) are unstably housed.
Low-income households in MA have access to affordable rental housing.
To close this gap, APFAA is executing a plan built on four foundational pillars:
Acquire or construct 16-20 one-bedroom units as the first phase of housing development.
Develop diverse funding streams including grants, tax credits, donations, and rental income.
Establish relationships with mental health providers, government agencies, and housing developers.
Build board capacity, hire staff, and establish operational systems for long-term sustainability.
A multi-year path from foundation to keys-in-hand.
Recruit board members with development and finance expertise. Secure predevelopment funding. Begin site identification and community engagement.
Secure site control. Complete feasibility analysis. Identify development partner and submit applications for Community Preservation Act (CPA) funds.
Submit applications for Low-Income Housing Tax Credits (LIHTC). Complete financing packages and obtain all necessary permits.
Begin construction or renovation. Develop operational policies and begin the resident selection process.
Complete construction. Welcome residents. Stabilize operations and begin planning for Phase II.
