Rental Developers

- What we offer

- Does my project qualify?

- Qualified Allocation Plan (QAP)

- Fair Housing Act self-evaluation

- Housing Credit application process

- Tax-exempt bond process

- Timelines & events

- Income limits

- Development portfolio

- Housing NC Awards

- Understanding Section 3

- TCAP/Exchange Programs

Owners / Managers

Resources

2010 Housing Credit Full Applications

Final 2010 QAP

2009 Housing Credit Awards

Final Cost Certification Form

10% Cost Certification Form

Planning an Opening

Housing North Carolina Awards

Who should enter?
Criteria for judging 
Threshold qualifications for entering
Application Forms

Don’t miss the opportunity to showcase your work in affordable housing. The 21st annual Housing North Carolina Awards will celebrate the best affordable housing in the state—housing that improves the lives of residents and their communities.

Recognition will be given in the following categories: Homeownership Developments, Rental Apartments, and Supportive Housing for People with Special Needs.

Winners will be showcased at a special luncheon during the 2010 North Carolina Affordable Housing Conference, September 16 and 17, in Raleigh, NC.

In addition, the winning developments will be announced to the local news media and, by letter, to representatives in Congress and the General Assembly.

Who should enter?

• Private developers
• Nonprofit housing sponsors
• City and county governments
• Lead regional agencies

Criteria for judging 

Entries will be judged on:

• Design (attractiveness, appropriateness, innovation, resource efficiency, and other factors)
• Sustainability (provisions to ensure the property will continue to be both affordable and attractive, including deed restrictions, quality construction, energy-saving construction)
• Contribution to the local community (including meeting market needs, furthering local policy goals, and similar factors)
• Special features, such as supportive services to residents, creative financing partnerships, and others.

Threshold qualifications for entering

Properties do not need to use financing from the North Carolina Housing Finance Agency to be eligible. The threshold qualifications, by category, are:

Homeownership Production

• Subdivisions and scattered-site developments of new construction or substantial rehab (at least $20,000 per home), stick-built or modular, single-family or condominiums.
• At least four (4) homes or 50% of planned units with eligible sales prices not exceeding $150,000 that are completed, sold and occupied.
• Certificate of occupancy issued between January 1, 2007 and January 1, 2010.

Rental Housing Production

• Affordable developments produced by new construction or substantial rehab (at least $20,000 per unit)
• Sixteen (16) or more units affordable to households at 60% of county median income, or 60% of the median for the state’s non-metropolitan counties, whichever is greater. See the 2009 Income Limits.
• Certificate of occupancy issued between January 1, 2007 and January 1, 2010.
• Form 8609 issued for all properties financed with federal Housing Credits.

Special Needs Housing Production

• Emergency, transitional or permanent housing that provides services (project-based or program-based) for persons with special needs. These include homeless persons, victims of domestic violence, and persons with mental, physical or developmental disorders, HIV/AIDS, substance abuse disorders, or terminal illnesses.
• At least four (4) units (or bedrooms) for individuals at 50% of county median income, or 50% of the median for the state’s non-metropolitan counties, whichever is greater. See the 2009 Income limits.
• Project-based or program-based supportive services for residents.
• Housing occupied and services provided for at least one year at the time of the awards.
• Certificate of occupancy issued between January 1, 2006 and October 1, 2009.

Application Forms

In addition to the application forms, please submit a CD with at least 15 photos depicting the interior and exterior of your development, including community space and amenities, as well as any other items requested in the application.

Homeownership Developments
Rental Housing Production
Supportive Housing for Populations with Special Needs

You can also request an application by contacting Kimberly Morgan at 919-877-5608 or kamorgan@nchfa.com.

Application deadline: May 21, 2010, end of business.

Send your completed application, along with a CD of photos and any other supporting material, to:

Margaret Matrone
North Carolina Housing Finance Agency
3508 Bush Street
Raleigh, NC 27609-7509
Phone: 919-877-5606 
Fax: 919-877-5701
E-mail: mamatrone@nchfa.com

Questions?

If you would like to know more about the Housing North Carolina Awards, please contact Margaret Matrone at 919-877-5606 or mamatrone@nchfa.com.

View the 2009 Housing North Carolina Award winners.
View the 2008 Housing North Carolina Award winners.
View the 2007 Housing North Carolina Award winners.
View the 2006 Housing North Carolina Award winners.
View the 2005 Housing North Carolina Award winners.
View the 2004 Housing North Carolina Award winners.