Advisory Center for Affordable Settlements & Housing

acash

Advisory Center for Affordable Settlements and Housing
ACASH

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Document TypeGeneral
Publish Date05/03/2021
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Edited BySuneela Farooqi
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Federal Funds and Current Funding for Affordable Housing for Funding Application Guidelines

The goals of the Affordable Housing Trust Fund are to create and preserve housing units with long-term affordability, and to support housing services to Richmond’s low-income households. The City’s Affordable Housing Trust Fund (AHTF) achieves these goals by providing financing for projects and programs that will address the City’s affordable housing needs.

The combined application is to implore applications from different organizations to address unmet critical needs in both human services, economic, housing, and community development.  The aim and purpose of Funding are to support eligible programs available through the City’s Affordable Housing Trust Fund (AHTF).

The Richmond City Council and the City Administration have approved a Neighborhood Revitalization Strategy for the targeting of Federal HUD funds in tandem with the City’s Affordable Housing Trust Fund (AHTF), Capital Improvement Program (CIP), and General Fund Budget. The award-winning, nationally renowned Neighborhoods in Bloom (NIB) program is designed to strengthen communities, increase homeownership, promote attractive affordable housing, and reduce blight. Beginning in 2019, the Department of Housing and Community Development will adopt a revised set of NIB areas.

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