In releasing this Call for Interest (CFI), the City of Phoenix Housing Department (HD) intends to facilitate acquisition with rehabilitation and/or new construction, construction and/or rehabilitation of affordable rental housing by providing financing at very low interest rates. On November 16, 2022, the Phoenix City Council approved housing for homeless populations, special needs populations and/or projects submitted by eligible Community Housing Development Organizations (CHDOs) as priorities for housing resources. By issuing this CFI, it is the City’s intent to identify those projects which significantly address these City Council approved priorities which can be “preliminarily qualified” and supported by HD and which can be fully underwritten for recommendation of funding to the Phoenix City Council. Before projects are recommended to City Council, all information requested in the Affordable Housing Loan Application must be provided.
