Metro Phoenix Affordable Housing Collaborative Fund

Through generous funding from the JPMorgan Chase Foundation and APS, grants and loans from this fund benefit nonprofit housing developers that are spearheading the production and preservation of affordable housing projects across the Metro Phoenix area.

Two types of funding support are available from the fund:

• Non-repayable grants for capacity building for nonprofit housing developers preserving or producing affordable housing. Such grants will, for example, help nonprofit housing developers build their internal capacity to produce and/or preserve affordable housing units.
• Repayable loans with zero percent interest for nonprofit housing developers for the preservation or production of affordable housing for rent and/or purchase. These loans could be used by nonprofit housing developers for costs such as those for predevelopment, acquisition, or development/construction.