Supportive Housing American Rescue Plan

North Carolina Housing Finance Agency
North Carolina

The Supportive Housing American Rescue Plan (SHARP) Program utilizes HOME-American Rescue Plan (HOME-ARP) funds to assist people experiencing homelessness, those at risk of becoming homeless and other vulnerable populations. SHARP eligible development activities include the acquisition, rehabilitation, or new construction of rental housing or non-congregate shelters. Rental housing projects are also eligible to apply for a capitalized operating cost assistance reserve if they demonstrate a financial need, are not receiving project based rental assistance, and rents are affordable to households earning up to 50% AMI.

Contact
Bettie Teasley North Carolina Housing Finance Agency [email protected] 919-981-2679
Other Eligibility Requirements

Persons experiencing or at risk of homelessness; Victims of domestic violence; Persons fleeing dating violence, sexual assault, stalking, or human trafficking

Priority Populations

Does not prioritize beyond eligibility requirements

Total Funding
$58,960,000
Funding Source
Special one-time federal funding
Funding Year
2022
How Provided?
Development loans
Website
https://www.nchfa.com/rental-housing-partners/supportive-housing-developers/supportive-housing-american-rescue-plan