BUILD BETTER HOUSING FOR MEMPHIS NEIGHBORHOODS
Re-Invest in the Memphis Affordable Housing Trust Fund
The Memphis Affordable Housing Trust Fund, MAHTF, was established in 2019 by the City of Memphis Government to address the affordable housing needs of low-income households--- with the primary goals of increasing affordable housing, improving neighborhoods, and building nonprofit developer capacity.
In December 2019, Memphis HCD announced the first round of funding awards through the MAHTF. The awards to eight agencies totaled $913,600 for 82 single family housing units for rent and sale. The awards were made in two categories - owner-occupied repair ($535,000 for 63 units) and vacant single family rehab ($378,600 for 19 units). Those awards leveraged $968,130 in additional funding secured by the grantees. View the full FY20 grantees and project summaries here
Due to budget constraints of the Covid-19 pandemic, Memphis City Council did not fund the Housing Trust Fund for FY 2021.
Now as FY 2022 approaches, the City will once again vote on whether to fund the Affordable Housing Trust Fund. We are asking that you join us in our campaign that calls on city council to invest in a dedicated, permanent, and annual funding source for the Affordable Housing Trust Fund in Memphis.
Let's build better housing for Memphis Neighborhoods
