Tool 3: The Housing Trust Approach

This tool allows you to outline the revenues, expenditures, and housing beds/units associated with a housing trust.

Housing trusts are long-term funds created for the purpose of building non-profit, affordable housing. They are often funded through local levies, which can be adjusted to provide regular streams of income. For instance, a tourist locale may add fees or taxes to hotel room charges to fund a housing trust for local service workers.

Please note that the blue cells below are calculation cells and thus, do not require entered information.

Steps:

1. Under “Revenue,” record all sources of projected revenue for your housing trust, as well as the corresponding amounts. Then click the "calculate" button to total the amounts.
2. Under “Operating expenditures,” record all sources of projected operating expenditures for your housing trust, as well as the corresponding amounts. Then click the "calculate" button to total the amounts.
3. Under “Administration,” record all administration costs related to your housing trust, as well as the corresponding amounts. Then click the "calculate" button to total the amounts.
4. Under “Reserves,” record all financial reserves for your housing trust, as well as the corresponding amounts. This includes both capital and operating reserves. Then click the "calculate" button to total the amounts.
5. On the right-hand side, record all the beds and units your housing trust intends to produce, broken down by unit type (e.g., price-restricted, rental).

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