RALEIGH—The NC Housing Finance Agency has approved $4.3 million in funding for the construction and rehabilitation of six properties that will help improve the state’s stock of affordable housing for North Carolinians with special housing needs.
The Agency awarded this funding through its Supportive Housing Development Program (SHDP), which is largely supported by the North Carolina Housing Trust Fund. SHDP finances emergency, transitional and permanent housing for North Carolina residents with special needs who are below 50% of the area median income, including military veterans, people experiencing homelessness, children in or aging out of foster care, people with disabilities, survivors of domestic violence and others.
The six awarded properties are:
- Community Homeless Shelter in Sanford, managed by Outreach Mission, Inc., will construct a new emergency homeless shelter with 72 beds for men, women and families who are experiencing homelessness.
- Marlboro Place in Red Springs, managed by the North Carolina Indian Housing Authority, will provide three new duplex buildings for permanent housing for six low-income households that formerly experienced homelessness, are currently at risk of homelessness or have disabilities.
- Oakwood Park in Greensboro, managed by Affordable Housing Management, Inc., will provide a new two-story apartment building with 16 units for low-income households that formerly experienced homelessness, are at risk of homelessness or have disabilities.
- Sawmill Village in Burnsville, managed by Northwestern Housing Enterprises, Inc., will provide 27 new small rental homes for low-income households that are at risk of homelessness due to substandard housing. Six units are set aside for people with disabilities.
- Smith Street Veterans Community in High Point, managed by Tiny House Community Development, Inc., will provide six new houses for veterans experiencing homelessness. Four of the homes will have one bedroom and two will have two bedrooms.
- Washington Avenue Supportive Housing in Sanford, managed by Brick Capital Community Development Corporation, will provide a new two-story apartment building with 16 units for low-income households that formerly experienced homelessness or have disabilities.
“The North Carolina Housing Trust Fund continues to support our state’s most vulnerable citizens,” said Scott Farmer, the Agency’s executive director. “We are proud to provide funding that will create quality, affordable housing to communities across the state in locations that can connect people with limited options to the services they need.”
More information about SHDP is available at https://www.nchfa.com/rental-housing-partners/supportive-housing-developers/supportive-housing-program.