Community Development Funding Opportunities

Notice of Funding Availability (NOFA) - Affordable Small-Scale Rental Development Program

The City of Raleigh's Housing and Neighborhoods Department announces the availability of the following: 

1. Approximately $3,600,000 for gap financing from Affordable Housing Bond (Bond) proceeds to support the creation and preservation of affordable rental units; and 
2. City-owned building sites via long-term land leases (preferred option) or fee-simple sale (alternative option) to support the creation of affordable rental projects.

View the NOFA and Attachments:

• NOFA - Small-Scale Rental Development Program
• Exception to Small-Scale NOFA Form
• Small-Scale Rental Application Proforma

How to Apply

Applications will only be accepted through the City's online application portal, Neighborly Software. To get started, visit the online portal and register for a new account. Hard-copy or emailed applications will not be accepted. 

Application deadline for this NOFA is August 1, 2025, at 5:00 p.m. EST.

Request for Proposals (RFP) - Housing and Homeless Services

The City of Raleigh and Wake County have issued a Request for Proposals (RFP) simultaneously for Housing & Homeless Services, making available City of Raleigh Emergency Solutions Grant (ESG) funds and Wake County Homeless Agency Funds.

The purpose of this funding opportunity is to:

• Prevent at-risk households from being evicted and experiencing homelessness;
• Rapidly re-house individuals and families who are currently homeless;
• Provide assistance to emergency shelters for general operations and case management services;
• Provide street outreach, emergency care, and services to unsheltered persons; and
• Administer the Homeless Management Information System Administration (Eligibility Restricted to COC-Lead Agency Only).

Funding intends to support agencies that adhere to housing-focused evidence-based and best practices, adopt Wake County’s Bridge to Home (B2H) model and the community-developed Bringing Neighbors Home Strategy to address unsheltered homelessness, and participate in the Wake County Continuum of Care’s Coordinated Entry and Homeless Management Information System (HMIS). The goal of this funding is to create and strengthen a system that locally will make homelessness rare, brief, and nonrecurring.

The period the funding will cover is July 1, 2025—June 30, 2026, with possible annual renewals for Fiscal Year 2026-2027 and Fiscal Year 2027-2028. 

Only applications from nonprofits with 501(c)(3) designation from the federal Internal Revenue Service (IRS) will be reviewed. The deadline for proposals is May 20, 2025 by 3PM EDT.

Click below to view the RFP:

• FY2025-27 Housing and Homeless Services RFP

Questions? Contact John Niffenegger in the Housing and Neighborhoods Department at john.niffenegger@raleighnc.gov

Bid Opportunity: Rehab of 555 E Edenton Street

The City of Raleigh's Housing and Neighborhoods Department announces the bid opportunity for the Rehab of 555 E Edenton Street Project. 

 This rehab will generally consist of the following major items:

• Mechanical
• Plumbing
• Electrical
• Sheetrock
• Painting

A non-mandatory pre-bid meeting will be held on Feb. 17, at 10 a.m. (EST) at 555 E Edenton St, Raleigh, NC 27601.

Please click the link below to view the bid package and see further details regarding this Bid Opportunity.

• Bid Opportunity - Rehab of 555 E Edenton Street
• Addendum No. 1
• Addendum No. 2

How to Apply

Sealed Bids will be received until March 14, at 2 p.m. (EST) at 421 Fayetteville St, Suite 1200, Raleigh, NC 27601, at which time and place bids will be publicly opened and read aloud for the Rehab of 555 E Edenton St Project.

Contact John Duncan, Rehab Specialist, for questions regarding this Bid. He can be reached at john@triangleconstruction.net

City Contact: Pat Dawson, Construction Specialist,
pat.dawson@raleighnc.gov

Notice of Funding Availability (NOFA) - 2025 Affordable Rental Development Program

The City of Raleigh’s Housing & Neighborhoods Department announces the availability of funds under the City’s Rental Development Program for qualified developers to submit proposals for the new construction, acquisition, and/or rehabilitation of affordable multifamily rental units. Funds are available from local funding sources such as the 2020 Affordable Housing Bond as well as federal HOME funds. Please see the Notice of Funding Availability document below for further detail.

• NOFA - Gap Financing Rental Development Program

Approximately $15 million in affordable rental development gap financing is available. Rental units assisted with these funds must be affordable to households with incomes at or below 80 percent of the Area Median Income (AMI). Please view the NOFA for application deadlines, schedules, and information about eligible projects. 

Please note: Applications will only be accepted through the City's online application portal, Neighborly Software. To get started, visit the online portal and register for a new account. Hard-copy or emailed applications will not be accepted. 

RFP (Request for Proposals) - 15 Summit Avenue

CLOSED: Notice of Funding Availability (NOFA) - Affordable Rental Housing Rehabilitation

The City of Raleigh’s Housing & Neighborhoods Department announces the availability of approximately $500,000 to finance repairs and rehabilitation to support the preservation of affordable rental units. This funding is intended for smaller-scale rental properties (e.g. properties with one to four units, small multifamily residential properties). 

Additional details can be found in the NOFA: 

• NOFA - Affordable Rental Housing Rehabilitation  

How to Apply

Applications must be received via email to Annie Baumann-Mitchell, Housing Programs Manager, at Rental.Development@raleighnc.gov. Only written questions submitted via email to the address above will be accepted. Hard-copy applications will not be accepted. Application deadline for this NOFA is December 6, 2024, at 4:00PM EST.

CLOSED: Notice of Funding Availability (NOFA) - Affordable Small-Scale Rental Development Program

The City of Raleigh’s Housing & Neighborhoods Department announces the availability of the following:

1. $2,000,000 for gap financing from Affordable Housing Bond (Bond) proceeds to support the creation and preservation of affordable rental units; and

2. $150,000 for an optional solar incentive that provides funding for projects that meet certain solar criteria; and

3. City-owned building sites via long-term land leases to support the creation of affordable rental projects.

View the NOFA: 

• NOFA - Small-Scale Rental Development Program

How to Apply

Applications will only be accepted through the City's online application portal, Neighborly Software. To get started, visit the online portal and register for a new account. Hard-copy or emailed applications will not be accepted. 

Application deadline for this NOFA is April 5, 2024 at 5:00PM EST.