The North Carolina Housing Finance Agency (the Agency) proposes to make a total of $8.8 million available for the 2023 Urgent Repair Program (URP23). Program funding enables recipient organizations to provide deferred, forgiven loans of up to $12,000 for emergency home repairs and modifications to very low-income owner-occupied homes. Eligible households are those with one or more full-time household members with special needs (e.g., elderly, disabled and/or Veteran full-time household members or a child six 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 $264,000 for projects serving two or more counties in their entirety, and $132,000 for projects serving a single county. The maximum funding for large CDBG Entitlement Cities is $66,000.
The Application Webinar was held on Friday, December 16, 2022. If you were unable to attend the webinar, you can access the recording at this link: https://attendee.gotowebinar.com/recording/1951348793619607639.
Application forms and guidelines will be available on the Agency’s website at www.nchfa.com after December 5, 2022. Under Urgent Repair Program, select Forms and Resources. Completed applications must be received at the Agency by 5:00 p.m., January 30, 2023. 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.