Supportive Housing Developers

The North Carolina Housing Finance Agency offers several programs to help nonprofit organizations and local government entities build and rehabilitate emergency and permanent housing for people who are experiencing homelessness or at imminent risk of homelessness, have disabilities or other special needs.

The Supportive Housing Development Program (SHDP) aims to increase the supply of emergency, transitional and permanent supportive housing for low-income households and individuals with special needs. Find out more about SHDP here.

The Supportive Housing Small Rehab (SH-Rehab), under the Supportive Housing Development Program, is available to organizations with a current SHDP loan. If your organization is interested in SH-Rehab, contact [email protected] for more information.

The Supportive Housing American Rescue Plan (SHARP) Program is dedicated to organizations housing people experiencing homelessness and those at risk of homelessness. SHARP utilizes HOME-American Rescue Plan (HOME-ARP) funds to develop rental housing and non-congregate shelters. To learn more about the SHARP Program click here.

 

  • Supportive Housing Development Program

    The North Carolina Housing Finance Agency provides interest-free loans for development projects that benefit people experiencing homelessness or at imminent risk of homelessness, people with mental, physical or developmental disabilities, people with substance use disorders, children in foster care, youth aging out of foster care or other licensed facilities, survivors of domestic violence, and adults re-entering the community after being released from correctional facilities.
    Learn How the Supportive Housing Program Can Help

Local Governments, For-Profit Developers, and Nonprofit organizations are eligible to apply. Nonprofit organizations must have had their 501(c)3 designation for at least three years to apply and must be able to provide two years of audited financial statements. Organizations which have not completed a successful real estate development project within the last seven years must work with a qualified consultant or partner with a more experienced nonprofit organization.

The housing must serve individuals and families who earn below 50% of area median income. Please note that rent and utilities cannot exceed 30% of targeted household income for residents.