Fairfax County Increases Funding Availability for Affordable Housing Development

The Fairfax County Department of Housing and Community Development (HCD) has announced an increase of $3.5 million to the total funding availability for the development of affordable housing. This announcement is reflective of an increase in funds allocated from the Tysons Housing Trust Fund (from $5.2 million to $8.7 million). In total, local and state funding in the amount of $24.1 million is now available through a Request for Proposals for Multifamily Affordable Housing Development Projects. This total is comprised of funds from the following sources:

• Housing Blueprint Funds

• Virginia Housing Amazon Impact REACH Funds

• Tysons Housing Trust Fund

Request for Proposals Materials:

• Request for Proposals (RFP)

• Affordable Housing Finance Application

• Affordable Housing Finance Threshold Analysis (PDF)

• ADDENDUM NO. 1

• ADDENDUM NO. 2

• ADDENDUM NO. 3

RFP DEADLINE: Applications will be accepted on a rolling basis until June 30, 2021, or until funds are exhausted.