Grant Opportunity: Arizona Housing Fund

The Arizona Housing Fund has another $500,000 available for grants to housing developers. The Fund is especially interested in receiving applications for projects in Southern Arizona.

LISC Phoenix provides application development and support to the Arizona Housing Fund for their ongoing Permanent Supportive Housing grant fund. Through the process we co-developed, nonprofit developers can be pre-qualified though an RFQ process to fast-track their grant application when they have an suitable project. Developers who have received other similar funding can meet pre-qualification criteria based on their experience.

Contact Pat McNamara, pmcnamara@lisc.org, with questions about this or other affordable housing funding opportunities.

Arizona Housing Fund Grants

Background

The Arizona Housing Fund is a dedicated and sustainable revenue source that grants funding to nonprofit agencies that build and operate Permanent Supportive, Low-Income and Working Poor Housing. Our equity grants will enable more housing units to be constructed, meeting the growing needs of our communities in Arizona with the goal of reducing the number of people experiencing homelessness.

Local Initiatives Support Corporation (LISC) Phoenix is a partner of the Arizona Housing Fund providing underwriting and other services to the fund. LISC Phoenix is collecting and processing this application. All communication about your application will come from a LISC Phoenix program officer.

Available Funding

There is currently $500,000 available in the fund. Funding is distributed on a first come, first served basis for mission-aligned projects.

Eligible Projects

The Arizona Housing Fund is intended for permanent supportive housing projects that serve the most vulnerable individuals and families earning up to 30% AMI.

Eligible Applicants

An eligible applicant must be a non-profit affordable housing developer, owner or operator with at least 5 years of experience managing and operating sustainable supportive housing.

Prospective applicants may pre-qualify by completing the RFQ form or by meeting the following criteria:

Have received, in the previous 24 months, grant or loan funding from one of the following entities: LISC, the Arizona Community Foundation Affordable Housing Pre-Development Fund, the Home Matters Arizona Fund, Arizona Department of Housing, or an Arizona county, municipality or IDA.
Be in good standing with that grantee and/or lender and current on loan payments, if applicable.

Applicants who have not pre-qualified will be asked the qualifying questions within the application.

Application Requirements

Project applications will be reviewed as they are received and this application will remain open as long as the Fund is in existence.

View the application for a complete list of requirements.

Apply Now