Partner Support Program

The Valley Housing Fund’s Partner Support Program assists local organizations, governments, developers, and community groups create and sustain affordable housing projects throughout the Gunnison Valley. Through this program, VHF helps kick-off projects by providing catalyst funding and collaboration, which allows homes to be built on more efficient timelines and with increased responsiveness to local needs.

VHF allocates $150,000 annually to the Partner Support Program, with 25% for predevelopment grants to preserve existing affordable housing and 75% to build new affordable housing. Regardless of the project, all community housing developments face financial headwinds. VHF has a strong history of providing financial support, contributing over $3.1 million to various local housing developments over the last several years.

We want community housing to SUCCEED!

How does the Partner Support Program help?

  • Infusing private dollars into affordable housing allows projects to happen faster and better, creating well-rounded developments with a community perspective in mind. Improvements can be made such as adding amenities like washer/dryers or gathering spaces, improving architectural character to better fit into the existing neighborhood, adding additional ADA or aging-in-place modifications, or upgrading energy efficiency throughout each property.

  • Private funding allows for responsiveness to local needs by relaxing some of the “strings” that are typically attached to federal and state funding sources, such as strict income requirements.

  • Securing local, private financial support can unlock additional dollars that would otherwise be unavailable without local matching funds.

  • Large scale government funding is scarce and highly competitive, and is often reserved for major developments that aren’t always appropriate for the current market or community character.

  • Every affordable housing project requires a complex funding structure, and having various players come to the table makes affordable housing development possible.

Interested in Applying?

Please read the application guidelines below.

What our partners are saying.

“Because of a generous grant from the Valley Fund, HFHGV can finance the construction of one home every year without seeking construction loans that add interest payments to the overall cost of the project. We are grateful for this support!”

Julie Robinson, Habitat for Humanity

“It’s an extraordinarily positive thing to have a dedicated non-profit that understands the unique challenges of housing in our valley, and brings the expertise, advocacy and funding to make community housing solutions possible.”

Willa Williford, Williford, LLC