Affordable Housing Trust Fund (AHTF) 2060 Funds
Affordable Housing Trust Fund (AHTF) 2060 Funds are provided to the City of Everett from Snohomish County through an Interlocal Agreement. The Snohomish County Auditor collects a surcharge of $10.00 on all instruments, except assignments or substitutions of previously recorded deeds of trust, recorded within the county. Enacted by Ordinance 02.065, the Snohomish County Council created the Affordable Housing Trust Fund to provide additional funding resources for building operation and maintenance activities for housing projects affordable to very low-income people as well as to assist in development and preservation of affordable low-income housing. Washington State Laws of 2002, Chapter 294 §2 requires the Affordable Housing Trust Fund to be allocated according to an interlocal agreement between the county and the cities and towns within the county, consistent with countywide and local housing needs and policies.
The City of Everett expects to receive $140,000 of AHTF funds for the 2023 Program Year in addition to utilizing $11,510 of prior year unexpended funds for a total of $151,510.
A public hearing and meeting of the City of Everett’s Citizens Advisory Committee was held on November 15, 2022. The Committee made funding recommendations which were followed by a formal public comment period from November 18 through December 20, 2022.
On March 29 the Everett City Council adopted a Resolution supporting 2023 CDBG, AHTF, and HOME funding allocations. The Resolution is established as the 2023 Annual Action Plan submission to HUD.
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Community priority needs for the 2023 Program Year were determined by the Citizens Advisory Committee at a public hearing on August 16, 2022. A list of needs is below.
Community priority needs set priorities for Community Development funding awards for Community Development Block Grant (CDBG) funds, HOME Program funds, 2060 Affordable Housing Trust Funds (AHTF), and Human Needs funds.
2023 Community Priority Needs
- Housing
- Rehabilitation of existing units: homeowners and renters
- Rental Assistance and Utility Assistance
- Homebuyer Assistance
- Creation of new units
- Homelessness
- Operational Support
- Adding shelter beds and assisted bed placement
- Public Facilities
- Public Services
- Behavioral Health and Substance Abuse Prevention/Support
- Public Infrastructure
- Sidewalk Improvements
- Economic Development
- Façade and/or Building Rehabilitation
The City of Everett is an equal housing opportunity agency. The City will, upon request, provide translation for non-English speaking and hearing impaired residents. The City strives to accommodate individuals with disabilities, please contact Vicki Dorway at (425) 257-7185 or email vdorway@everettwa.gov as soon as possible if special accommodations are needed.
The City of Everett expects to receive $135,000 in AHTF funding for the 2022 Program Year to benefit low and moderate income households.
A public hearing and meeting of the City of Everett’s Citizens Advisory Committee was held on November 16, 2021. The Committee made funding recommendations which were followed by a formal public comment period from November 22 through December 23, 2021.
On March 2nd the Everett City Council adopted a Resolution supporting 2022 CDBG, AHTF and HOME funding allocations.
Following are the awards for 2022 AHTF/2060 activities:
Interfaith, Interfaith Family Shelter, $63,000
Domestic Violence Services, Emergency Shelter Support, $40,000
Cocoon House, Transitions, $32,000
For information on funding sources please visit Federal & Municipal Funding.
The following housing projects, or units within a housing project, that are consistent with countywide and local housing needs and policies are eligible:
- Acquisition, construction, or rehabilitation of housing projects or units within housing projects that are affordable to very low income persons with incomes at or below fifty percent of the area median income.
- Supporting building operation and maintenance costs of housing projects or units within housing projects built with housing trust funds, affordable to very low-income persons with incomes at or below fifty percent of the area median income, and that require a supplement to rent income to cover ongoing operating expenses.
- Rental assistance vouchers for housing projects or units within housing projects that are affordable to very low-income persons with incomes at or below fifty percent of the area median income, to be administered by a local public housing authority or other local organization that has an existing rental assistance voucher program, consistent with the United States Department of Housing and Urban Development's Section 8 Rental Assistance Voucher Program standards.
- Operating costs for emergency shelters and licensed overnight youth shelters.
Construction of new housing is not an eligible project if the vacancy rate for available low-income housing within the county rises above ten percent.
The City of Everett is an equal housing opportunity agency. The City will, upon request, provide translators for non-English speaking and hearing impaired residents. The City strives to accommodate individuals with disabilities, please contact Vicki Dorway at (425) 257-7185 or email vdorway@everettwa.gov as soon as possible if special accommodations are needed.
Funds are collected September 1 of each year and end August 31 the following year. The process for administration and application of AHTF funds follows the same process for CDBG and HOME funds. Notice of Funding Availability is combined with other funding sources for the City, with application typically occurring the in Fall and award of funds during the summer of the following year.