RALEIGH— The North Carolina Housing Finance Agency approved $6.7 million in funding for the development of one rental community and one non-congregate shelter development for North Carolinians with special housing needs. This is in addition to $43 million approved by the Agency late last year for 12 rental communities.
The Agency awarded this funding through its Supportive Housing American Rescue Plan (SHARP) program to provide shelter, permanent housing and services to individuals experiencing homelessness and other housing insecurity. The Agency created SHARP to administer HOME-ARP funds that were appropriated through the American Rescue Plan of 2021.
“The North Carolina Housing Finance Agency is committed to supporting our state’s most vulnerable citizens,” said Scott Farmer, the Agency’s executive director. “We are proud to create programs and provide funding that will establish safe and affordable housing in communities statewide that can connect people with limited options to the services they need to lead happy, successful lives.”
The two additional developments awarded funding are:
- Roxboro Village Supportive Housing Complex in Roxboro, sponsored by the Roxboro Community Redevelopment Corporation, will construct a single-story, 13-unit non-congregate shelter development with eight one-bedroom units and five two-bedroom units. The property will be located just one mile from downtown Roxboro.
- Rockspring-Powell Place in Henderson, sponsored by the Vance County Housing Authority, will provide 10 two-bedroom single family homes in two locations. Services will be available less than one mile from both sites.
More information about the SHARP program can be found here: https://www.nchfa.com/rental-housing-partners/supportive-housing-developers/supportive-housing-american-rescue-plan.
The North Carolina Housing Finance Agency is a self-supporting public agency that provides safe, affordable housing opportunities to enhance the quality of life of North Carolinians. Since its creation by the General Assembly, the Agency has financed more than 298,860 affordable homes and apartments, totaling $29.16 billion. To learn more about the Agency and its programs, visit www.HousingBuildsNC.com.