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Housing is Healthcare Fund by the Arizona Medicaid Health Plans - Summer/Fall 2026

The Housing is Healthcare Fund by the Arizona Medicaid Health Plans invests in affordable housing projects that include elements that connect communities and support healthier individuals, families and economies across the State of Arizona, including housing for Medicaid-eligible individuals. The Fund was developed in 2020 by a consortium of health plans, becoming the first statewide initiative aligned to the vision and values of the national Home Matters movement. 

Local Initiatives Support Corporation (LISC) Phoenix provides underwriting and other asset management services to the fund. LISC Phoenix is collecting and processing this application. All communication about your application will come from a LISC Phoenix program officer. 
Awards will be offered based on available funding. Most grant awards will be for between $100,000 and $500,000.  
Proposals must meet ALL of the following criteria: 
  • Multi-family affordable housing projects. Home ownership projects are not eligible.
  • The project must serve families or individuals earning up to 80% AMI. Mixed income properties will be considered based on the income distribution of units.
  • The number of units built or renovated must be significant to the local community.
  • Projects must be "shovel ready". Projects that have been fully or substantially completed are not eligible.
  • A substantial portion of financing must be committed and demonstrated in the application. 
  • The project site must be owned,  under purchase agreement or long-term lease. 
  • Projects must demonstrate a deliberate connection to community assets and cross-sector partnerships, demonstrated by genuine community engagement. Examples include, but are not limited to:
    • Healthy food retailers that accept food assistance programs like WIC and SNAP
    • Employment centers that match resident skills
    • Active transportation facilities and public transit
    • Schools, childcare or senior centers (where applicable)
    • Medical facilities, such as federally qualified health centers
    • Public libraries
    • Parks or community centers
    • LEED and Fitwel standards
    • Places of worship
If you have questions about this criteria or have a project in an earlier stage that you would like us to know about, contact infophx@lisc.org.

Applications are due at noon Arizona (MST) time on Friday, August 14, 2026. 

In addition to completing all questions in the following form, you will be asked to upload the following back-up documentation: 
  • Comprehensive Community Development Plan, if applicable (form page 2)
  • Application narrative covering the following in no more than five pages (form page 6)
    • Approach to Comprehensive Community Development: Describe your organization's approach to comprehensive community development. What experience or connection does your organization and/or partners have in the neighborhood where the project will be developed? What role does resident engagement and leadership play in your work generally and in this project specifically? 
    • Addressing the Social Determinants of Health: Describe the project and the community needs it addresses. For each SDoH area you selected on Page 4, describe your approach and the experience your organization and/or your partners bring. What is your history of working together? How do you intend to document your work together on this project?
    • Serving AHCCCS Members: Describe the partnerships you have in place to proactively serve AHCCCS members. If you do not have relationships in place, how best can ABC/HOM Inc. (the AHCCCS statewide housing administrator) and other AHCCCS insurers connect their members to opportunities for housing at this project?  
  • MOUs or similar agreements with SDOH collaborators, if applicable (form page 6)
  • Construction budget (form page 6)
  • Brief construction timeline (form page 6)
  • Sources & uses statement (form page 6)
  • Proof of all committed financing (form page 6)
  • Project proforma, if applicable (form page 6)
  • Financial Statements for the most recent three years. (form page 6)

Please review the checklist of organizational, financial and project information documents that LISC may request later in the process.  

You can navigate through the form without completing required answers. Use the links at the top or bottom of the form to save your application and return to it. Applications will not be reviewed until they are complete and submitted. 
      Contact infophx@lisc.org with questions about this application or grant requirements. 
      Click "NEXT PAGE" to begin the application. 

      Page 2: Applicant Profile

      Applicant
      Mailing Address
      Primary Contact
      Comprehensive Community Development
      Guiding Documents
      Development Experience
      Development Partnerships

      Page 3: Project Overview

      Funding Request
      $
      Between $100,000 and $500,000
      Project Location
      Project Summary
      Provide a concise overview of the project, the need it serves and how it will contribute to the supply of affordable housing in Arizona.

      Note: A full narrative will be uploaded on Page 6.
      Limit 5,000 characters.
      Project Financing
      $
      Select all that apply. This answer is for LISC record-keeping only.
      Site Valuation
      $
      $
      $
      Zoning & Environmental Assessment


      Page 4: Project Details

      Project Information
      Size
      Square Footage
      Enter 0 if none. Projects must included multi-family rental housing to be eligible.
      SF
      SF
      SF
      Residential Project Type

      Select all that apply.
      Non-Res/Commercial Project Types

      Select all that apply. This answer is for LISC record-keeping only.

      Select all that apply. This answer is for LISC record-keeping only.
      Rental Housing Unit Details
      Number of Units by Type of Construction
      Enter 0 if none.
      Number of Units by Bedroom Size
      Enter 0 if none.
      Number of Rental Units by Type of Tenant
      Enter 0 if none.
      Number of Rental Units by Level of Affordability
      Enter 0 if none.
      Select all that apply.

      Page 5: Elements of a Healthy Community

      Community Resources
      Select all that apply.
      The following elements of a healthy community are drawn from LISC's Social Determinants of Health Checklist. These items align to the Enhance Impact Workbook that will be completed by funded projects to detail their interventions and allow for measurement of results. Click here to download definitions and examples.
      Identify how your project will address any of the following elements of a healthy community. Applicants are encouraged to strive for quality over quantity when identifying areas to address. 
        • If you organization is LEADING the implementation of the strategy, you must demonstrate your experience with that element in your application narrative.
        • If your organization is COLLABORATING with another organization to implement the strategy, you must provide MOUs or similar documentation of the relationship with your application.  
        Economic
        Leading Collaborating Not Addressing
        Social
        Leading Collaborating Not Addressing
        Health & Wellness
        Leading Collaborating Not Addressing
        Community
        Leading Collaborating Not Addressing
        Environmental
        Leading Collaborating Not Addressing
        Serving AHCCCS Members
        Leading Collaborating Not Addressing
        If this project will set aside units for AHCCCS vouchers, please describe:

        Page 6: Upload Supporting Documents

        Include the applicant name as the start of all file names. Accepted files types are .pdf, .doc, .docx, .xls, .xlsx.  
        Application Narrative
        Your application narrative should include the following and be no more than five pages in length: 
        • Approach to Comprehensive Community Development: Describe your organization's approach to comprehensive community development. What experience or connection does your organization and/or partners have in the neighborhood where the project will be developed? What role does resident engagement and leadership play in your work generally and in this project specifically? 
        • Addressing the Social Determinants of Health: Describe the project and the community needs it addresses. For each SDoH area you selected on Page 4, describe your approach and the experience your organization and/or your partners bring. What is your history of working together? How do you intend to document your work together on this project?
        • Serving AHCCCS Members: Describe the partnerships you have in place to proactively serve AHCCCS members. If you do not have relationships in place, how best can ABC/HOM Inc. (the AHCCCS statewide housing administrator) and other AHCCCS insurers connect their members to opportunities for housing at this project?  
        Project Documentation
        Note: If you have files that are too large to upload and submit through the form, upload a dummy file and send the additional files to infophx@lisc.org. 
        Applicant Financial Information
        • Non-profits organizations: provide the most recent three years of audited financial statements. 
        • For-profit organizations: provide the most recent three years of Federal tax returns including K-1 statements.
        Click "SUBMIT" to complete your application. You will not be able to edit the application after is has been submitted. A copy will be emailed to you at address you provided.