Housing Trust Fund

Overview

The Department of Community Development offers resources in support of Affordable Housing Development. The Housing Trust Fund Office coordinates the investment of federal resources and non-federal resources for the construction and rehabilitation of affordable housing for individuals and families whose income is at or below 60% of the Area Median Income (AMI).

These resources are available to all developers and neighborhoods and come in the form of soft, cashflow contingent loans. These funds can be used in support of multi-family rental projects and single-family for-sale projects.

Pre-Development Consulting

The City of Cleveland welcomes new developers to the City and encourages their participation in our communities. The City offers resources in support of various forms of market rate and affordable housing development in all neighborhoods. These resources can be difficult to access for new or unfamiliar developers. As such, the Department of Community Development will offer assistance and support to new developers seeking to use these funds.

Staff at the Department of Community Development can offer support in the following ways:

• Explanation of City Programs and Regulations
• Evaluation of Project Financials
• Evaluation of Building Plans and Design
• Regular consultation to track project development

To apply for resources, use the Universal Developer Application (Under construction)

Housing Trust Fund – Multi-Family Rental Program

This program supports housing development projects that will include affordable housing units that will serve low- and moderate-income households. Market-rate projects that contain affordable units are eligible and encouraged. A limited amount of the City’s HUD HOME funds will be allocated through an annual RFP, which describes project eligibility, application requirements, and the format for submitting proposals. A limited amount of CDBG Funds may also be available for projects that include housing and would benefit from HUD’s CDBG regulatory requirements.

This year, the City of Cleveland has allocated roughly $3.3M in funding to support affordable housing. The application for the Housing Trust Fund program is currently open and closes on July 1st at 5 pm. For more information, please see the 2024 Housing Trust Fund Request for Proposals.

2024 HTF Application

Editable List of 2024 HTF Application Questions

For Single-Family applications, please contact Anthony Bango directly for a copy of the 2024 HTF Workbook for Single-Family Projects.

Please note, that once submitting a proposal, you will receive an email from the Housing Development Office asking for the following attachments.

1. Completed 2024 HTF Financial Analysis Workbook
2. Developer Development experience, last 5 years of completed projects
3. Market Study
   1. See Attachment E of the 2024 HTF RFP
4. Entity Information including:
   1. Certificate of Good Standing
   2. Articles of Incorporation
   3. UEI Number
5. 2 Year previous Audited Financial Statements or a Personal Financial Statement
6. Evidence of Site Control
7. Cost Estimates or a Bid on a General Contractors letterhead
8. Detailed Scope of Work and Project Specifications
9. Green Building Plan or Verification from a Green Verifier that the proposed scope will meet the Cleveland Green Building Standard
10. Architectural Drawings, Site Plans, Elevations, and Sections (as needed)
11. Site Photos of all 4 Elevations and a Location Map
12. Affirmative Fair Housing Marketing Plan
13. Community Outreach Plan
14. URA Forms 1-3
15. Letter of Support from a Local Community Development Corporation
16. Continuum of Care Endorsement (Permanent Supportive Housing ONLY)
17. Phase I ESA (ASTM E1527-21)
18. Initial Lead Risk Assessment and Paint Testing report for all buildings constructed before 1978 where rehab will disturb painted surfaces that total more than (1) 20 square feet on exterior surfaces; (2) 2 square feet in any one interior room or space; or (3) 10 percent of the total surface area on an interior or exterior type of component with a small surface area
19. Any other supplemental reports as a result of the Phase I ESA including, but not limited to, a Lead Risk Assessment or Asbestos Survey Report.
20. HUD Site and Neighborhood Standards Determination
    1. See Attachment C of the 2024 HTF RFP for more information
21. Capital Needs Assessment (for rehabilitation projects with 26+ units)
22. Any other supplemental documentation requested for scoring purposes outlined in the Housing Trust Fund RFP
23. BABA Compliance Plan - The Build America, Buy America Act (BABA) 2 CFR 184 requires that all iron and steel, construction materials, and manufactured products used in federally-funded infrastructure projects are produced in the United States. Determining the Cost of Components for Manufactured Products (2 CFR 184.5). The Developer should provide a written plan from their General Contractor to meet this requirement.