Arizona Department of Housing
Arizona

Arizona's Housing Trust Fund (HTF) was established in 1988 by the Arizona State Legislature to provide a flexible funding source to assist in meeting the housing needs of low-income families in Arizona. This resource may be utilized for housing development in the form of GAP financing, as well as housing assistance programs for which no federal resources exist, such as funding for homeless shelters, transitional housing, eviction prevention, rapid rehousing, and other innovative activities.

Assistance Distributed By
State administrator/State agency
Funding Source
General revenue
Funding Year
2023
Program Status
Active
State Funding
$150,000,000
Total Funding
$150,000,000
Website
https://housing.az.gov/documents-links/forms/state-housing-fund
Contact
Joan Serviss Arizona Department of Housing [email protected] 602-771-1000
How Provided?
Capital provided through development loans.
Program Type
Both rental assistance & capital resources
Capital resources
Tenant-based rental assistance
Project-based rental assistance
Income Eligibility Threshold
60% AMI or less
Duration
Capital resources - Affordability period is 15-30 years
Assistance Used For
Current and/or future rent
Info Source
NLIHC internet research
Last Updated
7/17/23 14:24
Amount Calculation Method

Program covers rent above 30% of tenants' adjusted income, up to payment standard based on local Fair Market Rent

Income Eligibility Threshold Detail

For capital resources only; income eligibility threshold for rental assistance unknown.