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Investments and Impact

Thanks to our use of public-private partnerships, we have financed 282,080 homes and apartments totaling $23.2 billion since 1973. In any given year, we work with more than 250 direct partners, including developers, lending institutions, local governments and nonprofit agencies.

In 2018, the Agency’s work:

  • Financed 13,690 affordable homes and apartments.
  • Financed $2.1 billion in housing construction, rehab and home sales.
  • Administered rent assistance for 27,310 North Carolina families.
  • Supported 18,750 construction jobs.
  • Produced $55.3 million of state and local tax revenues.
  • Kept its operating expenses to below 2% of the real estate activity it leveraged.

Learn more about how the Agency finances affordable housing in North Carolina with this short video. 

The 2018 Investment and Impact: Housing Drives North Carolina will be released soon. In the meantime, to learn more about our investments and their impact in 2017, check out Housing Builds: 2017 Investments and Impact. Our digital report below includes detailed information and engaging videos that showcase the work we did with hundreds of partners statewide. 

View 2017 Digital Report

 

View 2017 Print Report