Staff Report / Vancouverlocal.org

**Vancouver’s Affordable Housing Fund Impacts Communities in 2024**

In 2024, Vancouver’s Affordable Housing Fund made significant strides in supporting the city’s most vulnerable residents. Thanks to Proposition 3, the fund directly provided assistance and resources to individuals and families struggling with housing insecurity.

Key achievements backed by the Affordable Housing Fund include:

- Rent assistance helped **121 households** avoid homelessness and remain in their homes.

- Funding supported **38 shelter beds**, offering safe spaces for people living outside or in vehicles.

- Construction began on **two new housing projects**, which will result in **47 affordable homes** for the community once completed.

- Over **$1 million** was awarded to homeownership programs aimed at assisting low-income families. Two recipients of this funding were **Proud Ground** and **Evergreen Habitat for Humanity**, which focus on creating opportunities for affordable homeownership.

This investment underscores Vancouver’s commitment to addressing housing challenges and ensuring stability for its residents. Further details about the Affordable Housing Fund can be found at [Vancouver Housing Fund Details](https://bit.ly/4jva0OW).

Source: Vancouver City Gov

Source Type: Gov

Source Location: Vancouver

Vancouver, WA

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