Eligible Projects

The Housing Trust Fund will make funding available for the following types of affordable housing projects:

  • Homeownership assistance
  • Development and construction of new affordable housing
  • Preservation of existing affordable housing
  • Conversion of existing housing to an affordable housing unit
  • Retaining an existing affordable unit, rental development, or another special interest project
  • Acquisition and rehabilitation of existing housing
  • Capitalizing on affordable-housing, revolving loan funds that are operated by non-profit housing organizations
  • Capital Improvement Projects (CIP) that are City owned and used for affordable housing