The program provides interest-free loans up to $600,000 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. To request a site visit, please submit the Project Description and Site Visit Request form.
The North Carolina Housing Finance Agency is pleased to announce the availability of funding for our Supportive Housing Development Program 2014 funding cycle.
The public comment period on the application closed October 31, 2013. View the public comments received concerning the draft 2014 SHDP application.
Part 1 (word template)
Part 2 (excel spreadsheet)
For more information, please contact please contact Margrit Bergholz (919-877-5633 or ), Gwen Belcredi (919-877-5648 or ) or Mary Reca Todd (919-877-5672 or ).