Supportive Housing Development Program financing is only available to developments serving populations of homeless or non-homeless households with special needs, including:
- Homeless persons
- Persons with mental, physical or developmental disabilities.
- Persons with substance use disorders.
- Children in foster care.
- Youth aging out of foster care.
- Adults released from correctional facilities.
The housing must serve individuals and families who earn below 50 percent of area median income. Rent and utilities cannot exceed 30 percent of the targeted income. Developments that provide food and transportation cannot exceed 40 percent of cannot exceed 30 percent of the targeted income.
Up to $700,000 in interest-free loans is available for eligible organizations, depending on location.
How Do I Apply for Funding?
Prior to applying, nonprofits and local governments must schedule a pre-application meeting and site visit. To request a site visit, please submit the Preapplication and Site Visit Request form. For-profit organizations may only apply for SHDP if their project creates integrated supportive housing.
Following a site visit and review of the Application Guidelines, applicants then submit a formal application
When Does Each Funding Cycle Begin?
We offer financing through the Supportive Housing Development Program on a competitive basis once a year. A Notice of Funding Availability is emailed to interested parties when funding is available.
For more information on how to apply for Supportive Housing Development financing, please contact Margrit Bergholz, 919-877-5633, Gwen Belcredi, 919-877-5648, Nancy Bloebaum, 919-877-5619 or Jennifer Olsen, 919-850-2928.