Philadelphia Housing Trust Fund

Expanding Housing Opportunities & Revitalizing Neighborhoods

About the Fund

The Philadelphia Housing Trust Fund (HTF) was created in September 2005 as a dedicated and ongoing local funding source. The HTF provides resources for the development of new affordable homes, the preservation and repair of existing occupied homes, and the prevention of homelessness. Through these investments the HTF promotes neighborhood stabilization and revitalization.

The Trust Fund serves a range of income levels, with half of the funds targeted to very low-income families and individuals earning at or below 30% of Area Median Income and half targeted to low- to moderate-income households earning between 30% and 115% AMI. The Trust Fund also addresses a variety of housing needs with 50 percent of its funds producing new or substantially rehabilitated homes and 50 percent supporting housing preservation, home repair and homelessness prevention. An Oversight Board comprised of public officials and community representatives recommends policies, proposes how funds should be allocated and monitors implementation of the Trust Fund.

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