If you or a loved one have been impacted by Hurricane Helene there is information and resources to help.
Si usted o un ser querido han sido afectado por el huracán Helene, hay información y recursos para ayudar.

Urgent Repair Program

The North Carolina Housing Finance Agency (the Agency) proposes to make a total of $8.8 million available for the 2025-2026 Urgent Repair Program (URP26). Program funding enables recipient organizations to provide deferred, forgiven loans of up to $15,000 for emergency home repairs and modifications to very low-income owner-occupied homes. Eligible households are those with one or more fulltime household members with special needs (e.g., elderly, disabled, and/or Veteran fulltime household members or a child 6 years of age or under living in the home with lead hazards). Household incomes cannot exceed 50% of area median income.   

Nonprofit organizations, local governments and regional councils of government with the technical capacity to manage residential construction projects are eligible to apply. Eligible applicants must cover service areas with a population of 5,000 or greater.

The maximum funding amount is $330,000 for projects serving two or more counties in their entirety, and $165,000 for projects serving a single county. The minimum funding allocation is $99,000. 

Potential applicants are encouraged to register for the URP26 Application Guideline Webinar, which will be presented on Wednesday, November 6, 2024 at 2:00 PM. You can register for the URP26 Application Guideline Webinar by clicking the following link: URP 2025-2026 (URP26) Application Webinar. Please register for the Webinar no later than 3:00 PM, November 5, 2024. 

Application forms and guidelines will be available on the Agency’s website at www.nchfa.com after October 21, 2024. Under Urgent Repair Program, select ‘Forms and Resources.’ Completed applications must be received at the Agency by 5:00 p.m., December 13, 2024. 

For more information, please call Mike Handley, 919-877-5627, Chuck Dopler, 919-981-5008, Donna Coleman, 919-981-5006, Dan McFarland, 919-875-3753 or Sarah Zinn, 919-578-3580.

Is My Project Eligible?

To be qualified to receive URP funds, your organization and project must meet the following criteria:

  • Units must house one or more full-time household members with special needs (e.g. elderly, disabled, veteran or a child six years of age or younger with an elevated blood-lead level).
  • Household income must not exceed 50% of area median income.
  • Applicants must cover service areas with a population of 5,000 or greater.
  • Your organization must have the technical capacity to manage residential construction projects.
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North Carolina Housing Finance Agency / 3508 Bush Street / Raleigh, NC 27609 / 919-877-5700

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All information contained on the following Web pages is obtained from the Agency’s books and records, and is believed to be accurate and reliable. Reference should be made to the official statement and operative documents of each series of bonds referred to herein for complete information on that issue. Because of the possibility of human and mechanical error as well as other factors, this information is provided "as is" without warranty of any kind and no representation or warranty, expressed or implied, is made, nor should any be inferred, as to the accuracy, timeliness, or completeness of this information. Under no circumstances shall North Carolina Housing Finance Agency have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any error (on account of neglect or otherwise) or other circumstance involved in procuring, collecting, compiling, interpreting, analyzing, editing, transcribing, transmitting, communicating or delivering this information, or (b) any direct, indirect, special, consequential, or incidental damages whatsoever, even if North Carolina Housing Finance Agency is advised in advance of the possibility of such damages, resulting from the use of, or inability to use, any such information. This information relates to bond issues of the North Carolina Housing Finance Agency that have been sold and distributed in underwritten public offerings described in the related official statements. Each viewer of the aforementioned information acknowledges that (i) the North Carolina Housing Finance Agency is not now by this document offering any bonds or other securities, nor soliciting an offer to buy any securities, (ii) this information is not to be construed as any description of the North Carolina Housing Finance Agency-such offerings are only made pursuant to the appropriate official statements of the North Carolina Housing Finance Agency, (iii) the information provided speaks only as of the date thereof and the North Carolina Housing Finance Agency has not in any way undertaken to update such information, and (iv) no representation is made as to the propriety or legality of any secondary market trading of the bonds or other securities of the North Carolina Housing Finance Agency by anyone in any jurisdiction. The financial condition of the North Carolina Housing Finance Agency may have changed since the date this information was prepared.

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