Grants are available for projects that preserve or create affordable housing for residents earning 50 percent or less of the area median income
VANCOUVER — Up to $6.04 million in Affordable Housing Funds are currently available for housing construction, acquisition and rehabilitation projects supporting very low-income households in Vancouver.
Grants are available for projects that preserve or create affordable housing for residents earning 50 percent or less of the area median income (approximately $36,650 for a family of four). Creative and out-of-the-box ideas are welcomed. Local government agencies, non-profit organizations, for-profit developers and individual property owners may apply. Applications for the Affordable Housing Project Grants are due on or before Oct. 31 at 5 p.m.
An optional workshop for interested applicants will take place from 3:30 to 5 p.m. on Wed., Sept. 12 at Vancouver City Hall Aspen Room (415 W. 6th Street). Detailed application guidelines and a link to the online application is available at www.cityofvancouver.us/affordablehousingfund.
The Vancouver City Council will determine what projects receive funding in January 2019.
The Affordable Housing Fund was created when Vancouver voters approved Proposition 1 in the November 2016 general election. The passage of the proposition granted the City the ability to levy a property tax for the purpose of buying, building and preserving low-income rental housing and preventing homelessness through rental assistance and other housing services.
To request the application guidelines in another format or language, please contact Peggy Sheehan at (360) 487-7952, TTY: 360-487-8602, WA Relay: 711 or by email at peggy.sheehan@cityofvancouver.us.
