North Carolina Housing Finance Agency
North Carolina

The Supportive Housing Development Program (SHDP) issues permanent, interest-free loans for the acquisition, rehabilitation, and/or new construction of developments serving populations of homeless or non-homeless households with special needs. SHDP-funded projects must provide appropriate supportive services to residents. Full criteria is available in the SHDP Program Guidelines at https://www.nchfa.com/rental-housing-partners/supportive-housing-developers/supportive-housing-development-program

Funding Source
General revenue; Dedicated funding stream
Funding Year
2022
Program Status
Active
State Funding
$4,300,000
Total Funding
$4,300,000
Website
https://www.nchfa.com/rental-housing-partners/supportive-housing-developers/supportive-housing-development-program
Contact
Bettie Teasley North Carolina Housing Finance Agency [email protected] 919-981-2679
How Provided?
Development loans
Program Type
Capital resources
Income Eligibility Threshold
50% AMI or less
Duration
Affordability period is 20 - 30 years
Info Source
Interview with program administrator
Last Updated
6/15/23 12:13
Other Eligibility Requirements

Persons experiencing or at risk of homelessness; Victims of domestic violence; Persons with mental illness; Persons with disabilities; Children or youth exiting foster care; Children and youth in foster care; Persons with substance use disorders; Adults reentering the community after being released from correctional facilities

Coordinates Eligibility With

Does not coordinate with other systems

Priority Populations

Extremely low-income households (income less than 30% AMI)