Housing Preservation Program

Housing Preservation Program The Housing Preservation Program makes funds available for major building improvements, preservation, and system replacements necessary for existing Housing Trust Fund (HTF) multi-family rental projects. The purpose of the program is to maintain long-term viability of the existing HTF portfolio. Funds For current funding opportunities, please visit the Applying to the Housing Trust Fund webpage.  April 1, 2024 Commerce makes awards to preserve and repair 873 units…

Applying to the Housing Trust Fund

Applying to the Housing Trust Fund The Housing Trust Fund program makes funds available for affordable housing projects through a competitive application process. Applications are generally accepted once a year, but timing and frequency can vary depending on the size and nature of appropriations to the program by the Legislature. Visit this page regularly for funding availability and application updates. Updated training videos for the multifamily and homeownership application process…

National Housing Trust Fund

National Housing Trust Fund Program The U.S. Department of Housing and Urban Development (HUD) National Housing Trust Fund (NHTF) program complements existing federal, state and local efforts to build, preserve and rehabilitate affordable housing for families and individuals with the lowest incomes – those earning at or below 30 percent of the area median income (AMI).  Another HUD program used to preserve and create affordable housing for low-income households is…

Housing Trust Fund Reports

Housing Trust Fund Reports Analysis of Impediments to Fair Housing Choice (2020) The Analysis of Impediments to Fair Housing Choice examines various sources related to furthering fair housing, the fair housing delivery system and housing transactions that affect people protected under fair housing law. Analysis of Impediments to Fair Housing Choice (PDF) Analyzing Development Costs for Low Income Housing (2019) Joint Legislative and Audit Review Committee (JLARC) Report In 2017, the…