ARCH 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 in East King County, with the majority of homes affordable to households earning less than 50% of the area median income (AMI). The Housing 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 $15 for every $1 of local funding.
2026 ARCH Housing Trust Fund
Approximately $7.2 million is available in the 2026 ARCH Housing Trust Fund (HTF) round for projects across the ARCH region. Please reference the 2026 ARCH Trust Fund Request for Proposals (RFP) for general information on project eligibility requirements, funding priorities, application, and submission instructions. An additional $2 million is available from Issaquah’s Inclusive Housing Investment Pool (IHIP) for projects in Issaquah. To be considered for IHIP funds, please complete the 2026 Housing Trust Fund application.
Funding Announcement: 2026 ARCH Housing Trust Fund RFP
Application Due Date (HTF and IHIP): September 11th at 5pm.
Application Materials
ARCH uses the Combined Funders Application forms, developed jointly with other Public Funders including the State Department of Commerce and King County. Application forms for either Homeownership or Rental Permanent Housing, Transitional Housing, and Shelter Projects are available for download below. Please carefully review the RFP for detailed instructions and note that in 2026 applicants must also obtain and submit a LIHTC scoring form from the Washington State Housing Finance Commission.
Rental Permanent Housing, Transitional Housing, and Shelter Projects
Homeownership Projects
MF HTF Checklist (note applicants should omit checklist items not applicable to homeownership)
Developer Fee Schedule: 2026 ARCH Developer Fee Limit Policy and Developer Fee Calculator
Please contact Chris Keenan at ARCH to set up a pre-application meeting, or with any further questions about the Trust Fund, (425) 229-6635
Bellevue Housing Stability Program & Housing Reserve
Housing Stability Program
The Housing Stability Program (HSP) invests capital funding into targeted affordable and supportive housing developments in Bellevue that serve the city’s most vulnerable residents, and funds services critical for stable living. The 2026 RFP for the Housing Stability Program makes up to $13,950,000 available from sales tax revenue authorized under RCW 82.14.530 and approved by Bellevue City Council. Applicants can request funding for capital investment and/or for building-related operations, maintenance and services (OMS) in the City of Bellevue. HSP awards, funded by a local sales tax and as required by RCW 82.14.530, must support units for households earning up to 60% AMI and be set-aside for populations limited to:
Persons with behavioral health disabilities
Veterans
Senior citizens
Persons who are homeless, or at-risk of being homeless, including families with children
Unaccompanied homeless youth or young adults
Persons with disabilities
Domestic violence survivors
City of Bellevue Housing Reserve Funds
The City of Bellevue currently holds a balance of funds generated from Fee-in-Lieu payments and previous City affordable housing appropriations – together, these funds are held in a Housing Reserve. Unlike the existing Housing Stability Program, the Housing Reserve consists primarily of non-renewable sources that have accumulated over time and now represent an opportunity for the City to make a meaningful, timely infusion of local gap funding. Bellevue is advertising up to $11,000,000 of funding available from its Housing Reserve. For 2026, Housing Reserve funds will only be awarded to projects that are also awarded HSP funds and are therefore subject to HSP eligibility criteria. Housing Reserve funds may support other units within a project up to 80% AMI that are not subject to HSP requirements. Given the non-renewable nature of its funding sources, there is no guarantee that Housing Reserve funds will be available in future award cycles.
Funding Announcement: 2026 Bellevue HSP & Housing Reserve RFP
Application Due Date (HSP and Housing Reserve): September 11th at 5pm.
Application Process
The City of Bellevue funds, administered in partnership with ARCH, uses the Combined Funders Application forms, developed jointly with other Public Funders including the State Department of Commerce and King County. Application forms for either Homeownership Projects or Rental Housing, Transitional Housing and Shelter are available for download below. Please submit the appropriate forms for your proposed development.
Consult the RFP for detailed instructions and note that in 2025 applicants must also obtain and submit an ARCH Application Addendum and a LIHTC scoring form from the Washington State Housing Finance Commission.
Rental Housing, Transitional Housing and Shelter Project Application Materials
Homeownership Projects
MF HTF Checklist (note applicants should omit checklist items not applicable to homeownership)
Please contact Chris Keenan at ARCH to set up a pre-application meeting, or with any further questions about the City of Bellevue’s Housing Stability Program and Housing Reserve at (425) 229-6635
“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.
ARCH and Bellevue’s supplemental reporting requirements and deadlines are identified in the2025 WBARs Annual Report Matrix.
You can send required information to: submission@archhousing.org. Hardcopies of documents are not required.