Supportive Housing Development Program

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, amortizing, 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. For additional information about the Supportive Housing Development Program, please see the Project Description and Site Visit Request, Application Guidelines and the Application.

Limited funding is also available to qualified applicants interested in applying for predevelopment loans (up to $25,000).

Application Workshops

Wednesday, November 18, 2009
1pm to 4pm
NCHFA Board Room
3508 Bush Street
Raleigh, NC  27609

Thursday, November 19, 2009
1pm to 4pm
Fifth Street Ministries Shelter
1421 Fifth Street
Statesville, NC 28677

For more information, please contact please contact Mike Mittenzwei (919-877-5654 or mmittenzwei@nchfa.com), Margrit Bergholz (919-877-5633 or mcbergholz @nchfa.com), Gwen Belcredi (919-877-5648 or sgbelcredi@nchfa.com) or Mary Reca Todd (919-877-5672 or mrtodd@nchfa.com).

The Supportive Housing Development Program – 400 Initiative (SHDP400) provides capital and operating assistance to fund independent, permanent housing for persons with disabilities on SSI.  For more information, please see the Project Description and Site Visit Request Form, the Application Guidelines and the Application.