EASTSIDE HOUSING
TRUST FUND
The ARCH Housing
Trust Fund (HTF) was created by ARCH member cities in 1993 as a way to
directly assist the development and preservation of affordable housing
in East King County. The trust fund is capitalized by both local general
funds and locally controlled, federal Community Development Block Grant
(CDBG) funds. The trust fund process allows ARCH members to jointly
administer their housing funds, and assist the best available housing
opportunities that meet the housing needs of the community.
Purpose
The purpose of the
Housing Trust Fund is to create and preserve housing for ‘Low’ and
‘Moderate’ Income individuals and families in East King County. Low
Income is defined as less than 50% of the King County median income,
($28,490 to $47,212 depending on household size) and moderate income is
defined as less than 80% of the King County median income, ($45,584 to $
75,539 depending on household size). Emphasis is placed on providing
housing affordable to Low Income households. However, funding can be
provided for Moderate Income households, especially for homeownership
opportunities.
Housing Goals
In order to
provide housing which serves a broad spectrum of Low and Moderate Income
housing needs, the ARCH member cities have set the following long term
goal for use of their housing resources:
|
Families
(inc. single households) |
56% |
|
Homeless/Transitional |
13% |
|
Elderly |
19% |
|
Special
Needs Populations* |
12% |
*Housing that
provides supportive services for daily living needs, e.g. Group home for
persons with developmental disability, foster parent home.
These percentages
are long range goals. In any given year, one or more categories may be
over or under their percentage goal. See the Housing Trust Fund
Guidelines for any preferences in the current funding round.
Accomplishments
Since 1993, member
cities have made over $27 million available to fund over 2,400 units of
housing located in East King County. These funds have been made
available as both grants and low interest contingent loans as well as
land donations and fee waivers. Other funding for this housing comes
from a myriad of other public (King County, State of Washington,
Federal) and private sources. In some cases cities have also made
surplus land available, and/or reduced building permit fees.
List
of ARCH Funded Projects
How To Apply
Housing Trust Fund Guidelines
Twice a year ARCH
accepts applications from groups interested in providing affordable
housing. Over the years, cities have provided support to local
non-profit, public and for profit housing providers. ARCH can also
provide technical assistance regarding the Trust Fund for groups who are
unfamiliar with the program. The Guidelines include information on the
eligible organizations and uses of the Trust Fund, criteria for
reviewing applications and more detailed information on the application
process.
Download HTF Guidelines
here
Spring 2009 Housing Trust Fund Application Key Dates
|
February
17, 2009 |
Application Available |
|
Before March 2,
2009 |
Pre-application
workshop/meeting |
|
March 23,
2009 |
Applications due to ARCH by 5:00 pm |
|
June,
2009 |
Funding
recommendations by the ARCH Executive Board |
|
June,
2009 |
Funding
Recommendations by King County JRC (applicable only if CDBG
funds are part of the funding recommendations) |
|
July –
August, 2009 |
City
Councils make funding decisions |
NOTE: ARCH will be doing a Fall Application Round. In order to
coordinates the Fall Round with other funders, the application due date
may be about a month earlier than in previous years.
Spring 2009 ARCH Trust Fund Application Forms
The ARCH Housing Trust Fund funding application form is essentially the
same as the Common Application forms that the State of Washington, King
County, the City of Seattle and other local jurisdictions have agreed to
use for the convenience of applicants. The only difference is that the
ARCH General Application form requests supplemental information unique
to ARCH. Following are links to the application forms:
ARCH General
Application - Spring 2009
ARCH General Application Workbook -
Spring 2009
OWNERSHIP HOUSING
PROPOSALS.
The State uses a separate
set of application forms for ownership housing. If you are proposing an
ownership program, complete the following forms instead of the forms
referenced above:
ARCH
General Application – Ownership – Spring 2009
ARCH General Application Workbook –
Ownership – Spring 2009
** Please note –
There have been several revisions for 2009 to the Common Application
forms. Be sure that you have reviewed the forms and are using the
current revised Common Application forms.
One hard copy and one disc with all the application forms
included are to be delivered to ARCH by 5 pm, March 23, 2009.
More
detailed information regarding the application forms and application process
is included in the HTF Guidelines referenced above.
Please
contact Kolya McCleave at ARCH if you have further questions about the
Trust Fund (425) 861-3677. |
