Community Development Initiative Narrative
Instructions: The Community Development Initiative Narrative questions are applicable for the 2023 and 2024 Multifamily Consolidated Request for Proposals (RFP) / 2024 and 2025 Housing Tax Credits (HTC) funding rounds. Using your Community Development Initiative plan, complete the following narrative and submit it in the Multifamily Customer Portal along with all required supplemental attachments outlined in the Self-Scoring Worksheet.

1.	Describe the objectives of the active initiative or plan, including how affordable housing is a key strategy. The active initiative or plan should respond to a crisis or opportunity for the community to pursue various community, economic, educational, or transit-oriented objectives for the target geography. The active initiative or plan must be larger in scope than the proposed housing development itself and include housing that is affordable.
     
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2.	Describe the boundaries of the targeted geographic area (include a map as supporting documentation). Boundaries of the targeted geographic area must be identified by the active initiative or plan. Qualifying active initiatives or plans in small communities may encompass the entire community or region, although the plan’s targeted geographic area should be a subset of the community or region. 
     
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3.	Include a list of various local stakeholders and each stakeholder’s role.
     
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4.	Provide a timeline of current implementation activities. Include dates for implementation steps of the initiative or plan that have been completed, are underway, and/or are planned. Provide key dates for implementation steps, including activities that run past the anticipated selection date.
     
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5.	For projects in a Qualified Census Tract (QCT). Describe public or private investment and how, outside of the project itself, the investment will contribute to an added benefit to the neighborhood. Outline key investments, in kind or other financial contributions that have been made or are pending. Investments should include activities other than the proposed housing development itself. Include the dates for investments, activities, etc. 
     
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