Housing Trust Fund
The Housing Trust Fund invests local funding from ARCH member cities in the creation and preservation of affordable homes for low and moderate income individuals and families in East King County. Since its creation in 1993, the Trust Fund has supported roughly 6,000 units, more than any other housing program on the Eastside, with the majority of homes affordable to households earning less than 50% of median income. The Trust Fund has invested in a wide variety of projects for families, seniors, people with special needs, and people transitioning from homelessness.
Over the life of the program, the Trust Fund has leveraged $10 for every $1 of local funding.
Housing Stability Program
ARCH also supports the City of Bellevue in advertising funds from its Housing Stability Program, including funding for capital, operating and maintenance and services for targeted housing projects that serve the city’s most vulnerable residents.
All interested applicants should contact ARCH to schedule a pre-application meeting. Pre-application meetings are available at any time.
HSP 2023 Application Forms
1_'23 Housing Stability Program RFP
6_Appendix A- Supplemental Application Form
7_Appendix B- 2023 HSP OMS Application Workbook
Please contact Patrick Tippy at ARCH to set up a pre-application meeting, or with any further questions about the Trust Fund, (425) 305-5364
HTF Guidelines
Please reference the 2023 ARCH Trust Fund Guidelines for general information on project eligibility requirements, funding priorities and application submission.
The 2023 Trust Fund Round is now open.
HTF 2023 Application Forms
ARCH uses the Combined Funders Application forms, developed jointly with other Public Funders including the State Department of Commerce and King County. Application forms are available for download below. Please consult the above guidelines for detailed instructions, and note that in 2023 applicants must also obtain and submit an ARCH Application Addendum and a LIHTC scoring form from the Washington State Housing Finance Commission:
All interested applicants should contact ARCH to schedule a pre-application meeting. Pre-application meetings are available at any time.
1_2023 ARCH Housing Trust Fund Guidelines Final
Please contact Yelias Bender at ARCH to set up a pre-application meeting, or with any further questions about the Trust Fund, 425-298-0402.
“ARCH has proven to be an invaluable resource to its member cities and local housing developers in structuring partnerships that work, and funding the gap for projects in need.”
HTF Monitoring
Projects that receive funding from the ARCH Trust Fund are important community assets that will provide public benefits for at least 50 years. To ensure the long-term sustainability of these assets, ARCH and other public funders monitor properties on an annual basis using the Web-Based Annual Reporting System:
Affordability Restrictions: Properties must meet rent and income restrictions outlined in project covenants.
Operating/Cash Flow: For projects that have contingent loans, ARCH reviews annual operating costs and cash flow to determine if loan payments are required pursuant to the project's funding agreement.
Long Term Sustainability Monitoring: ARCH performs periodic reviews of all funded projects to evaluate ongoing stability and sustainability.