Funding Opportunity:
 
The North Carolina Housing Finance Agency is pleased to announce the availability of funding for the 2012 Supportive Housing Development Program year. 
 
The North Carolina Housing Finance Agency’s Supportive Housing Development Program helps nonprofits, local governments, and lead regional organizations develop emergency, transitional and permanent housing for persons who are homeless and/or have disabilities.
 
The program provides interest-free loans up to $500,000 per development. To qualify, projects must include or make available appropriate support services for the residents.  In addition, the housing must serve individuals and families who earn below 50% of area median income. Rents and utilities cannot exceed 30% of gross household income for the residents.
 
Eligible populations are homeless or non-homeless households that require supportive services, including persons with mental, physical, or developmental disabilities; persons with substance use disorders; persons diagnosed with AIDS and related diseases; and special populations on a case-by-case basis.
 
The Supportive Housing Development Program loans are permanent, interest-free loans. Nonprofits and local governments that are interested in applying for Supportive Housing Development Program funds must schedule a pre-application meeting and site visit prior to submitting an application.
 
A  Pre-Application Project Description Form must be submitted no later than Tuesday January 17, 2012.
The deadline for application submission is  5:00 PM on Friday, March 30, 2012.
 
For additional information about the Supportive Housing Development Program, please visit the NCHFA website.
 
 
Available Assistace:
 
Applicants are invited to attend a free workshop to discuss the application:
 
Tuesday, December 13, 2011, 1pm to 4pm                                                    
HUD Area Office
Fourth Floor Training Room                                     
1500 Pinecroft Road, Suite 401
Greensboro, NC 27407
                                               
Please click here to register for the workshop.
 
Questions may be directed to:
  • Margrit Bergholz (919-877-5633 or mcbergholz @nchfa.com)
  • Gwen Belcredi (919-877-5648 or sgbelcredi@nchfa.com)
  • Mary Reca Todd (919-877-5672 or mrtodd@nchfa.com)