Deeply Affordable Housing Initiative

Geographic Scope: Arlington County, VA

Purpose: Part of ACF's Shared Prosperity Initiative to increase committed affordable housing units for households earning 30% AMI (Area Median Income) or less.

Funding Structure

Selected private owners of rental housing receive grant funding from ACF to write down rents on selected housing units in their portfolios or near-term pipeline.

Target Properties

• Private owners of rental housing in Arlington County
• Properties eligible based on criteria outlined in RFP

Contact Information

For RFP inquiries: Natalia Muniz, nmuniz@arlcf.org

Address: Arlington Community Foundation, 4601 N Fairfax Drive Suite 1050, Arlington, VA 22203

Application Process

1. Information Session: Q&A session held for interested applicants (date varies by year; historically held in early January)
2. Submission: Submit proposals via online application form on ACF website
3. Initial Review: ACF conducts eligibility review and may request clarifying information
4. Interview/Site Visits: Selected applicants asked to provide additional information via in-person interviews and/or site visits
5. Selection: ACF completes review and selection process (typically February-March)

Required Materials

• Information on owners
• Information on management
• Details on properties proposed for program
• Response to proposal questions (see RFP document)

Documents

• Full eligibility rules available in PDF
• Proposal questions outline available in PDF
• Submissions must be made via online application form