Funding Opportunities for Multi-Unit Housing Developments

The following programs provide funding, financing, or training that can support multi-unit housing development and affordable housing projects.

 

Community Development Financing (RDF Fund)

Funding that helps community projects grow, including housing and neighborhood development.

  • Provides flexible loans for community and housing projects
  • Supports projects that improve neighborhoods and local services
  • May help fund construction, expansion or redevelopment
  • Works with nonprofits and community organizations to access capital

Email:         info@rdf.fun

Phone:       602-417-1400

Address:     410 E. Southern Ave, Phoenix, AZ 85040

Website:     https://www.rdf.fund/impact

 

Affordable Housing Grants- Federal Home Loan Bank

Grant Funding that helps build or improve affordable housing for families and workers.

  • Helps pay for building or fixing affordable housing
  • Supports rental housing and homeownership projects
  • Encourages partnerships with banks and housing developers
  • Grants may help cover construction or rehabilitation costs

Headquarters

Address:     909 Locust Street, Des Moines, IA 50309

Phone:       800-544-3452

Fax:            515-699-1293

Website:     https://www.fhlbdm.com/products-services/affordable-housing/

 

Low-Income Housing Tax Credit (LIHTC) Training Workshops 

Training for housing professionals who manage affordable housing projects.

  • Helps developers and property managers understand housing tax credit rules
  • Covers income limits, rent rules and compliance requirements
  • Required training for some affordable housing programs
  • Offered online through the Arizona Department of Housing

Address: Arizona Department of Housing

     1110 W. Washington #280, Phoenix, AZ 85007

Phone:   602-771-1000

Fax:       602-771-1002

Website:

https://housing.az.gov/training-events/2026-lihtc-compliance-virtual-workshops

  

USDA Rural Housing Load Programs

Loan Programs that support housing development in rural communities.

  • Helps finance housing in rural and small-town areas
  • Can support new construction or housing improvements
  • Designed to increase safe and affordable housing options
  • Available through approved USDA housing lenders

USDA Rural Development Customer Service

Contact USDA Rural Development or a local lender to learn about housing loan programs near you.

Phone:       800-404-1226

Email:         rdquestion@usda.gov

Website:

https://www.usdaloans.com/lp/propgroup/?utm_campaign=statespecific&utm_source=bing&utm_medium=cpc&cmp=ss&src=msn&adg=musdaarizona&desc=apply2&ad_campaign_id=590251373&ad_adgroup_id=1233653135593688&msclkid=ea47b3561fa9184b5e7ddafcef58161e&utm_term=Current%20mortgage%20rates%20Arizona&utm_content=Arizona

 

Greater Arizona Development Authority Financing

Financing that helps communities fund large development and infrastructure projects.

  • Helps pay for housing and community development projects
  • Supports infrastructure needed for new housing
  • Works with cities, counties, and developers 
  • Provides financing tools to support economic growth

For more information:

Contact:     Jessi Pederson

Phone:       602-396-0761

Email:         jessi.pederson@aga.az.gov

Website:     https://oeo.az.gov/afa/greater-arizona-development-authority