The Affordable Housing Investment Fund (AHIF) is Arlington County's main financing program for the development of affordable housing. Established in 1988 as a revolving loan fund, AHIF has helped to create the majority of Arlington’s 6,500+ committed affordable rental units that benefit low-income households. Comprised of local and federal dollars, this fund provides low-interest, secondary loans as an incentive for developers to provide affordable housing. The Arlington County Board allocates funds annually, and AHIF is also supported by loan repayments and developer contributions.
The Affordable Housing Investment Fund (AHIF):
The Affordable Housing Investment Fund has been used with other affordable housing financing programs including the Low-Income Housing Tax Credit (LIHTC) program, tax-exempt or taxable bonds, other federal and state funding sources, and private financing.
Discuss with staff, then submit application; requires Housing Commission review and County Board approval. Threshold Criteria include the following:
For technical assistance and information on how to apply, contact David Cristeal via email or call 703.228.3760.
2100 Clarendon Boulevard,
Arlington, VA 22201
E-mail: Housing Division