| The Affordable Housing
Partnership Program provides funds to nonprofit and for-profit
housing development organizations for the development and preservation
of affordable homeownership and rental housing.
Request More Information | Eligible Applicants | Funding Levels | Requirements | Guidelines | Application
- Contact us at: 703.246.5170 | 703.385.3578
(TTY)
- E-mail
Us
- Real Estate Finance Branch
Fairfax County Department of Housing And Community Development
3700 Pender Drive, Suite 300, Fairfax, Virginia 22030-6039
- Nonprofit and other organizations
actively involved in the development of affordable housing
- Tier One Predevelopment
- Funding used to determine project feasibility
- Loan must be paid back only if project goes forward
- Tier Two Predevelopment
- Financing goes toward predevelopment
costs for further studies after feasibility has been determined
- Loan must be repaid
- Affordable Housing Partnership
Fund
- Construction, bridge,
gap or permanent financing; equity; or credit enhancement
- Tier One and Tier Two Predevelopment limits
allocations to $1,000 per unit with a maximum of $50,000
- Residents of units financed by AHPP must
be qualified low-income individuals and families
- Occupancy requirements remain in effect
for a minimum of 15 years or the term of the loan
- The rolling application process allows
submissions throughout the year
- Full requirements can be found in
the Guidelines
Guidelines
(PDF)
last modified September 1, 2005
Application
(PDF)
last modified October 26, 2005
Threshold
Analysis Worksheet
last modified September 1, 2005
|