en espaņol  |home  |investors |contact us  |help
Welcome to the North Carolina Housing Finance AgencyLocal Governments and Non-Profits
   
 
Home Buyers, Homeowners, Renters & Special Needs Rental Developers, Owners / Managers Lenders, Builders & Real Estate Agents Local Governments & Nonprofits Forms & Resources About Us
 
 

Homeownership Production

Home Repair and Rehabilitation

Home Protection Program

Supportive Housing Development

- Housing 400 Initiative

- Understanding Section 3

Rental Housing Production Program

Homelessness Prevention

Becoming a CHDO

Housing-Related Counseling

Resources and Recognition

Downloadable Brochures
The Reverse Mortgage: Trading Equity for Cash

Property Tax Relief for the Elderly and Disabled

Back to top navigation

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.

Supportive Housing Development Program

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). 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.

       For Your First Home:

5.99%

for a 30-year, fixed-rate conventional mortgage with a 90-day lock in.


More Interest Rates...

       What's New @ NCHFA

2009 Housing NC Awards
The 20th annual Housing North Carolina Awards will celebrate the best affordable housing in the state.
Learn More...

Mortgage Credit Certificate for First-Time Buyers

Lost your job? Save your house

Email this page E-Mail this page

Bookmark this page Bookmark this page

Subscribe to this page Subscribe to this page

Manage subscriptions


North Carolina Housing Finance Agency   |   3508 Bush Street   |   Raleigh, NC 27609   |   919-877-5700  |   terms of use/privacy