Affordable Housing Fund

Updates

The City of Vancouver is excited to announce the opening of the 2024 Affordable Housing Fund (AHF) application to support affordable housing in our community. This funding opportunity aims to increase affordable housing for people experiencing low-income (households earning below 50% of the Area Median Income) in the City of Vancouver. Eligible project types include multi-family housing development, housing acquisition and preservation, rental assistance, other housing services, and homeownership. We encourage organizations, developers, non-profits, and other interested parties with projects aligned with the goal of creating affordable housing solutions to apply for this opportunity.

Key Details

AHF Application

Access to the application will be made available here on January 29, 2024. To learn more about the application, please review the 2024 AHF Application Guidelines and eligibility guidance below.

Eligible Affordable Housing Fund Recipients

Developers, nonprofits, and other housing providers whose projects will provide housing for low-income households in Vancouver are eligible to apply for the AHF. Through the City selection process, priority will be given to applicants with a demonstrated ability to develop, own, and/or manage affordable housing.

Eligible Recipients:

Ineligible Recipients:

Documents

Overview

The Affordable Housing Fund (AHF) supports people experiencing very low-income in Vancouver through affordable housing development, rental assistance and homelessness services. In 2016, voters approved a $42 million property tax levy to support AHF projects through 2023. In 2023, this levy was renewed by voters to provide $100 million in AHF funding from 2024 through 2033.

The City will make funding available to community partners for projects and programs that:

Contact

For more information about the Affordable Housing Fund, please contact Samantha Whitley, Community Development Manager, at samantha.whitley@cityofvancouver.us.

Affordable Housing Fund Investments Dashboard

Affordable Housing Fund Investment | City of Vancouver Open Data Hub (arcgis.com)

Additional information