Affordable Housing Fund

The City of Wichita received $72.4 million in American Rescue Plan Act (ARPA) funds to support the response to and recovery from COVID-19. Investment in affordable housing was identified as a high priority for ARPA funds following public engagement. In August 2021, the City Council approved allocating $5 million in ARPA funds for an Affordable Housing Fund (AHF).

Next, the City engaged with a consultant, Development Strategies. Development Strategies facilitated four Technical Advisory Committee meetings with area leaders and experts to determine the outcomes and priorities of the Affordable Housing Fund. Development Strategies then presented the recommendation for the Affordable Housing Fund at the January 25, 2022 Council Workshop.

AHF Goal

The goal of the Affordable Housing Fund is to improve the quality of the existing affordable housing stock (rental and for sale) while expanding quality affordable housing options and promoting neighborhood stability in the city's core areas.

Eligible Users

  • Non-profit and for-profit developers with a track record of efficiently completing renovation and new construction projects, that have honored/used all prior City funding commitments.
  • Established non-profit organizations with demonstrated capacity to expand services.

Eligible Uses

Development

  • Single-family home renovation or rehab (for sale or rental)
  • Home repair for existing low/moderate income homeowners
  • New Construction of affordable single-family homes