The Fairfax County Redevelopment and Housing Authority (FCRHA) has issued a request for proposals for affordable housing with a notice of more than $50 million in local funding available for affordable housing projects. The FCRHA is a political subdivision of the Commonwealth of Virginia and acts as Fairfax County’s local financing agency. As such, the FCRHA can provide a vehicle for private developers to obtain low-cost mortgages to acquire, construct, and rehabilitate multi-family affordable housing developments.
The $50 million of available funds comes from the following sources:
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FY2025 AVAILABLE NOFA FUNDING |
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Funds for New Construction and Preservation |
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Funding Source |
Description |
Available Funds |
|
Housing Blueprint Fund |
Fairfax County Affordable Housing Development and Investment fund (AHDI) |
$42,272,563 |
|
Tysons Housing Trust Fund |
Fairfax County funds for Affordable Housing in Tysons Urban Center |
$96,250 |
|
Housing Trust Fund- General |
Funds from zoning proffers for affordable housing in all of Fairfax County |
$206,253 |
|
Housing Trust Fund Senior |
Funds from zoning proffers for senior housing only |
$1,435,119 |
|
HOME Investment Partnerships Program |
Federal funds to be used for development, acquisition, preservation or rehabilitation of affordable housing units |
$753,529 |
|
|
Total |
$44,763,714 |
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Funds for Predevelopment and Construction Costs for Projects that include PSH Units |
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Funding Source |
Description |
Available Funds |
|
VA Department of Behavioral Health and Developmental Services (DBHDS) Region 2 |
State funds to support the development of permanent supportive housing for very low-income people with serious mental illness |
$5,500,000 |
|
Housing Blueprint Fund |
Fairfax County Affordable Housing Development and Investment fund set-aside for projects with PSH units |
$500,000 |
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Total |
$6,000,000 |
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Total |
$50,763,714 |
Application information, criteria, and forms are available online at www.fairfaxcounty.gov/housing/development/fundingavailability.
Pre-Application Conference
A virtual pre-application conference will be held on September 18, 2024 at 3:30pm. To pre-register, please send an e-mail to rha@fairfaxcounty.gov by September 16th, 2024 indicating your name, organization affiliation, and contact information. You must register to attend the pre-application conference.