Affordable Home Development Program
Affordable Home Development Program
September 30, 2021
CITY OF HOUSTON HOUSING AND COMMUNITY DEVELOPMENT DEPARTMENT
Introductions
Ray Miller
City of Houston Housing and Community
Development
Jeremiah Rivera
City of Houston Housing and Community
Development
CITY OF HOUSTON HOUSING AND COMMUNITY DEVELOPMENT DEPARTMENT
Steve Harris
City of Houston Housing and Community
Development
Page 2
Agenda for Today's Meeting
What We Will Discuss
1
AHDP Program
Background Info, Qualifications &
Timeline
Next Steps
2
Application Process
Resources
3
AHDP Website and Pre-App
Walkthrough
4
Questions and Answers
CITY OF HOUSTON HOUSING AND COMMUNITY DEVELOPMENT DEPARTMENT
Page 3
Affordable Home Development
Program (AHDP)
CITY OF HOUSTON HOUSING AND COMMUNITY DEVELOPMENT DEPARTMENT
Page 4
Introduction
? Financing large-scale Single-Family projects ? Increase housing stock Houston AND affordable
homeownership opportunities ? Shovel ready developments ? Proposals throughout the City welcomed
CITY OF HOUSTON HOUSING AND COMMUNITY DEVELOPMENT DEPARTMENT
Page 5
City's Affordable Home Investment
? City of Houston's Affordable Home Investment through gap financing
? Primary Program Purpose ? affordable homes ? Secondary - infrastructure
CITY OF HOUSTON HOUSING AND COMMUNITY DEVELOPMENT DEPARTMENT
Page 6
Project Pre-Assessment
1 Will all affordable homes be ready to sell before end of 2023?
2 Will the development have at least 40 affordable homes?
4
Do you have site control or ownership?
5
Is the project within CoH and outside the 100-year flood plain
or floodways?
3
Will the affordable homes be priced under $250,000?
6
Organizational & financial capacity to complete the
project?
CITY OF HOUSTON HOUSING AND COMMUNITY DEVELOPMENT DEPARTMENT
Page 7
Developer Qualifications
1 Developer eligibility 2 Good Standing 3 Experience
4
Affordable Homebuyer Eligibility
5 Project Eligibility
6
Fair Housing Compliance
CITY OF HOUSTON HOUSING AND COMMUNITY DEVELOPMENT DEPARTMENT
Page 8
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