The Memphis Affordable Housing Trust Fund is an initiative to create a pool of dedicated and permanent local funds to assist in the development and redevelopment of affordable housing for home ownership and rental units within the city. Housing Trust Funds are flexible source of fundings that can be used to support a variety of housing activities. 

By providing a flexible, local funding stream to CDCs and other affordable housing developers, the MAHTF increases the supply of quality affordable housing units that keep people safe, keep energy costs low, upgrade homes for senior home owners, and provides accessibility for people of all ages and abilities. 



All Memphians thrive when we ensure that our neighbors live in safe, healthy, and affordable homes and communities. 

Affordability is typically defined as housing units in which total housing costs (rent/mortgage, insurance, taxes, and utilities) are no greater than 30 percent of a household’s income. A household paying over that amount is considered cost-burdened and experiences challenges of balancing their monthly incomes.

For Memphians earning below 80% of the AMI, (Area Median Income) there is a severe shortage of truly affordable housing options available, with demand exceeding the supply by tens of thousands of units. Maintaining the condition and quality of homes is often difficult for both owner-occupants and the owners of rental property. One in five Memphis renters faces eviction at least once in any given year.


  • Provide more resources for community-based organizations to revitalize their neighborhoods with stronger housing units;
  • Grow the capacity of community developers to preserve, rehab, and build affordable housing that replaces blighted, unsafe, and substandard housing 
  • Reduce the housing shortages that contribute to individuals and families experiencing homelessness; 
  • Expand quality housing options for families striving to find stability
  • Improve housing factors associated with negative education outcomes
  • Reduce crime in neighborhoods and instill pride in one's community   



  • Increase home and property value in typically disinvested communities ($827,000 of revenue per 100 units) 
  • Higher home appraisals leading to increase in tax revenue from construction related activity  
  • One time and ongoing job creation and spending 
  • Increase tax base by attracting tourism and new residents to the city