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 supports the City of Bellevue in administering funds from its Housing Stability Program (HSP), including funding for capital, operating, maintenance and services for targeted housing projects that serve the city’s most vulnerable residents.
The 2024 Bellevue Housing Stability Program Round is closed.
Up to $10 million is available in the 2024 HSP round. All interested applicants should contact ARCH to schedule a pre-application meeting. Pre-application meetings are available at any time.
HSP 2024 Application Forms
1_'24 Housing Stability Program RFP
7_Appendix A- 2024 Supplemental Application Form
8_Appendix B- 2024 HSP OMS Application Workbook
Please contact Patrick Tippy at ARCH to set up a pre-application meeting, or with any further questions, at (425) 305-5364
ARCH Housing Trust Fund
The 2024 Housing Trust Fund Round is closed.
Up to $3.9 million is available in the 2024 ARCH Housing Trust Fund (HTF) round. Please reference the 2024 ARCH Trust Fund Request for Proposals (RFP) for general information on project eligibility requirements, funding priorities and application submission. To be considered for the $2 million available from Issaquah’s Inclusive Housing Investment Pool (IHIP), please complete the 2024 Housing Trust Fund application.
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 RFP for detailed instructions and note that in 2024 applicants must also obtain and submit an ARCH Application Addendum and a LIHTC scoring form from the Washington State Housing Finance Commission.
Current ARCH Developer Fee Limit
1_2024 ARCH Housing Trust Fund RFP
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
“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.