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The Community Housing Fund

  
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Building Affordable Solutions

The Community Housing Fund, a community-based 501(c)3, was incorporated in 2003 after the Vision Action Network convened a group of housing experts to create a plan to provide new resources for proposed affordable housing communities in Washington County, Oregon. Its goal is to build a trust fund to help local affordable housing experts build and remodel affordable housing units. The people who will live in these homes include working families struggling to make ends meet, seniors and people with disabilities and special needs who cannot afford to pay local market rents. A recent study by Washington County and the City of Beaverton reported that one in five households in the county lacked affordable housing and that nearly 7000 households were paying more than half of their income for housing. According to the United States Department of Housing and Urban Development, housing that costs a household more than 30% of its income is considered unaffordable.

 

Innovative Investments

The Community Housing Fund distributes low interest loans to community development organizations that construct and remodel affordable housing units. Eligible uses of Fund investments include rental housing production/preservation and special needs housing. The Fund strives to be innovative in its approach to deliver flexible capital to leverage, complement and support existing affordable housing efforts.

 

Get Involved!

The Fund invites members of the community who value affordable housing to help build the Fund as a long term community asset for Washington County. The Fund’s fundraising efforts focuses on generating new sources of income that do not compete for existing funding available for affordable housing projects. For more information, please visit the Fund’s website at

 

www.thecommunityhousingfund.org

 

or send an e-mail to This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
 
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