Through financing provided through HIF, multifamily rental housing with below market rents are acquired by Ascent Housing, HIF has been paired with other financing tools, such as the City’s housing bond program, which amended in 2019 to support preservation, and requires the unit to maintain affordability for 80% of the units for households between 30% and 80% AMI through a 20-year deed restriction, which aligns with the affordability deed restrictions of HIF. Projects financed through HIF that are sold after the 20-year deed restriction are required to divert 60% of profits to another fund for affordable housing, creating a sustainable financing source.