North Carolina Housing Finance Agency Our mission is to create affordable housing opportunities for North Carolinians whose needs are not met by the market We also work to preserve existing Supportive Housing with additional SHDP funding and technical assistance ID: 813315
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Slide1
Turning Lost Funding into New Housing Options
Slide2North Carolina Housing Finance Agency
Our mission is to create affordable housing opportunities for
North Carolinians whose needs are not met by the market.
We also work to preserve existing Supportive Housing with additional SHDP funding and technical assistance.
Slide3Supportive Housing Development Program
Provides interest-free loans of up to $600,000 per development for the production of emergency, transitional and permanent housing for homeless families and individuals, and persons with special housing needs. Targets assistance to households at 30% of area median income or below.
Slide4Accomplishments
3,859
Units Funded since 1994
Units Developed
in 61
Counties
$87.8
million
invested in
projects
worth $251
million
232
Projects
Data as
of 10/14/2014
Slide5Examples of Preservation Projects
Slide6SHDP Loan Work-outs
Pittsboro Duplexes (permanent housing for disabled persons)
Reach of Jackson County (DV shelter & trans. housing, Sylva)
Shelter of Wayne (DV shelter, Goldsboro)
The Hope Center (men’s homeless shelter, Fayetteville)
Children’s Group Home of Wilkesboro (children with mental illness)
Crisis Council Shelter (DV shelter, Troy)
Haven House (group home for children, Raleigh)
Slide7Preservation of MHA Supportive Housing
18 properties
16 occupied
2 vacant properties transferred to new owners with no new funding (Aberdeen, Rockingham)
7 occupied properties transferred to new owners with no new funding (Statesville, Henderson, 2 in Lenoir, Rockingham, 2 in Asheville)
7 occupied properties transferred to owners with new SHDP funding (Concord, Rocky Mount, Asheboro, Goldsboro, Hamlet, Greensboro, Reidsville)
1 demolished and replaced with SHDP funding (Pittsboro)
1 demolished and tenant re-located with no new funding (New Bern)
Slide8Technical Assistance
Consultation Visits with NCHFA Supportive Housing Development Team
NCHFA Information and Referral Services
Guidance on completing applications
Advocacy with other funding sources
Slide9SHDP Staff
Mary Reca Todd, Manager of Supportive Housing
919-877-5672 or mrtodd@nchfa.com
Gwen Belcredi, Senior Supportive Housing Development Officer
919-877-5648, sgbelcredi@nchfa.com
Margrit Bergholz, Senior Supportive Housing Development Officer
919-877-5633 or mcbergholz@nchfa.com