Wayne County Affordable Housing Trust Fund Program

How it works

Wayne County says its Affordable Housing Trust Fund exists to support affordable housing efforts in the county. The county can use the fund to match HOME program funds and to support other housing financing programs.

What the money covers

The county lists several eligible uses that can help homeowners keep a property livable or safer, including:

• Owner-occupied rehabilitation (listed as aging-in-place projects)
• Emergency repair programs
• Housing counseling and financial coaching
• Foreclosure prevention
• Emergency rental assistance
• Community stabilization projects, including demolition, rehabilitation, and construction

The page also lists first-time homebuyer assistance, but that is not a home-hardening benefit and is included here only because it is part of the same official program page.

Amounts and matching

The page says:

• Up to $3,000 for first-time homebuyers’ down payment or closing costs
• Annual caps of $15,000 for projects creating or rehabilitating fewer than 6 housing units
• Annual caps of $25,000 for projects creating or rehabilitating 6 or more housing units
• Up to $50,000 for a strategic housing study
• No more than 5% of monies may be used for administrative purposes
• A minimum 20% matching funds requirement applies to all projects except a strategic housing assessment

How to apply

Applications are accepted on a rolling basis, and projects are reviewed and ranked based on Act 137 requirements, leverage, community impact, outcomes, collaboration, timelines, and administrative experience.

Timing and deadlines

The page does not list a closing date. It says funding is available based on annual appropriations and that applications are accepted on a rolling basis.