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NC Housing Finance Agency Holds Award Presentation for Local Action Groups

The North Carolina Housing Finance Agency will award Cumberland County, Fayetteville Area Habitat for Humanity, the City of Fayetteville and the NC Conference United Methodist Church $150,000 each to fund disaster relief efforts in their service areas during a ceremony on June 5.

Representative John Szoka and Representative William Richardson will assist in the presentation of ceremonial checks to each organization during an 11 a.m. ceremony at the County Chamber of the Courthouse at 117 Dick Street in Fayetteville. These funds will be used to repair owner-occupied homes in the areas that these organizations serve.

“We are pleased to award these funds to our local community partners to help with disaster recovery efforts in communities that were hard hit last year,” said Scott Farmer, executive director of the NC Housing Finance Agency. “With strong partners in the affected counties, we can help many North Carolinians whose homes were damaged by Hurricane Matthew and Tropical Storms Julia and Hermine.”

In December, the General Assembly appropriated $20 million to the Housing Trust Fund as part of the Disaster Recovery Act of 2016. Organizations that receive an initial allocation of $150,000 are then eligible to apply for more funding once the original funds are exhausted.

Administered by the North Carolina Housing Finance Agency, these Housing Trust Fund dollars were allocated to local organizations to help repair homes damaged by natural disasters statewide. Assistance is available for households with incomes below 100% of their area’s median income and whose homes are owner-occupied.

Eligible homeowners in the area who have experienced damage from Hurricane Matthew can find a local organization providing home repair assistance at http://www.nchfa.com/current-homeowners/repairing-your-home.  

The North Carolina Housing Finance Agency, a self-supporting public agency, has financed 255,000 homes and apartments since its creation in 1973.