Affordable Housing Partnership Program

Island Walk - Old Facade

Photo by Marvin T. Jones

Photo courtesy of Habitat
for Humanity of Northern Virginia
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
- 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
Eligible Applicants
- Nonprofit and other organizations actively involved in the development of affordable housing
Funding Levels
-
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
Requirements
- 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
Application
Threshold Analysis
Worksheet
last modified September 1, 2005


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