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Investor Information / Financial Reports
If you are interested in the following reports and information, please read the disclaimer and agree to the terms to continue.
- Financial Statements
- Quarterly Disclosure Reports
- Quarterly and Monthly NIBP Reporting for 2009 Resolution
- Official Statements
If you would like general information about NC Housing Finance Agency's history and programs, see the information below.
The North Carolina Housing Finance Agency is a self-supporting public agency and component unit of the State of North Carolina. The N.C. General Assembly created the Agency in 1973 to provide financing to increase the supply of affordable housing for families with low or moderate incomes.
Pursuant to its enabling legislation, the Agency is authorized to issue bonds and other obligations to fulfill its corporate purpose up to a total outstanding amount of $3 billion. The debt obligations of the Agency do not constitute a debt, grant, or loan of credit of the State of North Carolina and the State is not liable for the repayment of such obligations.
In addition to its bond programs, the Agency administers the Section 8 Lower Housing Assistance Payment Program, the HOME Investments Partnership Program, the Federal Low-Income Housing Tax Credit, other state and federal programs, and the North Carolina Housing Trust Fund.
The Agency supports its staff and operating expenses through bond fund earnings, federal grant administration fees, and interest income. The Agency does not receive state appropriations for its operating budget but has received state funds for debt service reserves or program subsidies. The principal of these appropriations is intact.
The Agency prepares its own annual budget, which is adopted by the Board of Directors for each fiscal year (July 1 through June 30). Semi-annually, the Agency reports on its budget and program activities to the Joint Legislative Commission on Governmental Operations of the General Assembly.
The Agency maintains its own financial records, which are separate from the State's but subject to periodic review by the State Auditor. The Agency's financial position is reported in the consolidated financial statements of the State. Annually, audited financial statements are prepared and distributed.
Disclaimer (please read then proceed below)
All information contained on the following Web pages is obtained from the Agency’s books and records, and is believed to be accurate and reliable. Reference should be made to the official statement and operative documents of each series of bonds referred to herein for complete information on that issue. Because of the possibility of human and mechanical error as well as other factors, this information is provided "as is" without warranty of any kind and no representation or warranty, expressed or implied, is made, nor should any be inferred, as to the accuracy, timeliness, or completeness of this information. Under no circumstances shall North Carolina Housing Finance Agency have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any error (on account of neglect or otherwise) or other circumstance involved in procuring, collecting, compiling, interpreting, analyzing, editing, transcribing, transmitting, communicating or delivering this information, or (b) any direct, indirect, special, consequential, or incidental damages whatsoever, even if North Carolina Housing Finance Agency is advised in advance of the possibility of such damages, resulting from the use of, or inability to use, any such information. This information relates to bond issues of the North Carolina Housing Finance Agency that have been sold and distributed in underwritten public offerings described in the related official statements. Each viewer of the aforementioned information acknowledges that (i) the North Carolina Housing Finance Agency is not now by this document offering any bonds or other securities, nor soliciting an offer to buy any securities, (ii) this information is not to be construed as any description of the North Carolina Housing Finance Agency-such offerings are only made pursuant to the appropriate official statements of the North Carolina Housing Finance Agency, (iii) the information provided speaks only as of the date thereof and the North Carolina Housing Finance Agency has not in any way undertaken to update such information, and (iv) no representation is made as to the propriety or legality of any secondary market trading of the bonds or other securities of the North Carolina Housing Finance Agency by anyone in any jurisdiction. The financial condition of the North Carolina Housing Finance Agency may have changed since the date this information was prepared.
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