The next round of the Juneau Affordable Housing Fund (JAHF) competitive funding program opens for applications on July 21 with $2.5 million in available funds. As with previous rounds, round 5 of the JAHF seeks to fund projects that create affordable and middle-income housing opportunities for Juneau.
The JAHF allows for-profit developers, non-profit organizations, public and regional housing authorities, and tribal governments to apply for grants or loans to cover capital costs associated with the development of housing.
Since 2021, JAHF grants and loans have supported both new construction and rehabilitation of existing housing stock to provide needed housing for seniors, vulnerable populations, and low- and middle-income residents. Currently funded projects are projected to create 377 additional housing units and are estimated to bring over $77 million worth of investment to the community over the course of the expected project completion within the next two to three years.
Round 5 application materials and eligibility guidelines will be available on the JAHF website beginning Monday, July 21. An informational public meeting about the application process will be held on Monday, July 28 at 3:00pm AKDT via Zoom.
For more information about the Juneau Affordable Housing Fund, including eligibility guidelines and past recipients, please visit the JAHF website.