Joint Venture Rental Development Program
City of Raleigh
Raleigh, North Carolina
The Joint Venture Rental Development Program has operated since 1988. The program provides gap financing to affordable rental development projects, mostly Low-Income Housing Tax Credit projects, located in the City of Raleigh.
Contact
Maria Dewees
City of Raleigh
[email protected]
919-996-6948
Other Eligibility Requirements
No other eligibility requirements
Eligibility Limitations
Does not limit eligibility on these criteria
Priority Populations
Does not prioritize beyond eligibility requirements
Total Funding
$25,700,000
Funding Source
Dedicated funding stream; Special one-time non-federal funding; Special one-time federal funding
Funding Year
FY 2023-2024
How Provided?
Development loans
Data Collected by Program
Does not collect data on income, race, ethnicity, disability status, or age