State Housing Trust Fund
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.
Contact
Joan Serviss
Arizona Department of Housing
[email protected]
602-771-1000
Total Funding
$150,000,000
Funding Source
General revenue
Funding Year
2023
Assistance Used For
Current and/or future rent
How Provided?
Capital provided through development loans.
Amount Calculation Method
Program covers rent above 30% of tenants' adjusted income, up to payment standard based on local Fair Market Rent