Affordable Housing Development Fund

The Affordable Housing Development Fund is a financial resource created to support the creation and preservation of affordable housing. It provides funding—such as grants or low-interest loans—to developers and organizations building or maintaining housing that low- to moderate-income families can afford. This helps address housing shortages, reduce homelessness, and ensure more people have access to safe, decent places to live. The fund is often backed by government agencies or private entities aiming to promote community stability and economic inclusion by making housing development financially feasible.