May 30-31, 2024 | Dallas, TX | Hyatt Regency

American Rescue Plan Act (ARPA), Inflation Reduction Act (IRA) and Beyond: Perspectives on Using Funds to Address Affordable Housing Challenges

Governments across the US have used their American Rescue Plan Act (ARPA) funds to address their affordable and supportive housing goals. Housing is a critical issue in many communities, exacerbated by the pandemic, rising construction costs, and interest rates. Thanks to the guidance from the US Department of Treasury and an Affordable Housing How-To Guide published jointly with the US Department of Housing and Urban Development, governments have had more direction in investing their ARPA funds in housing projects successfully. With the ARPA obligation deadline approaching at the end of 2024, governments are thinking about what comes next.

Guidehouse has supported over 80 state and local clients with approaches to use federal funds for housing programs and projects, including Travis County, Texas, and Baltimore County, Maryland. Travis County invested $110 million of ARPA State & Local Fiscal Recovery Funds (SLFRF) to build 2,000 units of supportive housing, while Baltimore County invested $12M of ARPA SLFRF funds to create a new Housing Opportunities Fund.

This session will explore how Baltimore and Travis Counties leveraged their ARPA funds for housing. It will also explore approaches post-ARPA for accessing federal funds from the IRA for housing, as well as other methods to blending, braiding, and leveraging federal, state, and local funds for affordable housing projects, programs, and planning.

Previous Next

Interested in participating in this discussion or perhaps have another area of expertise you'd like to share?

To apply as a speaker speaker, please follow the application process outlined below. Our team reviews submissions continuously, ensuring a timely response to all applications.