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The announcements below represent various funding opportunities available with City of Raleigh Housing and Neighborhoods Department. All Request for Quotes (RFQs), Request for Proposals (RFPs), and Notice of Funding Availability (NOFA)s are sent out via email notice as well. If you would like to receive notifications, visit MyRaleigh Subscriptions to sign up to receive announcements from Community Development News.
Several funding opportunities open on an annual basis. To learn about these timelines, view the annual schedule of recurring funding opportunities.
Notice of Funding Availability (NOFA) - Small Scale Rental Development
The City of Raleigh’s Housing & Neighborhoods Department announces the availability of the following:
- $2,000,000 for gap financing from Affordable Housing Bond (Bond) proceeds to support the creation and preservation of affordable rental units;
- $150,000 for an optional solar incentive that provides funding for projects that meet certain solar criteria; and,
- City-owned building sites via long-term land leases to support the creation of affordable rental projects.
Missing-middle housing types such as duplexes and accessory dwelling units (ADUs) are encouraged and allowed by right on a majority of the lots by the underlying zoning. At least one-third of the housing units built must serve households at extremely low-income levels (<30 percent AMI).
- View the NOFA: Small-Scale Rental Development
The application deadline for this NOFA is April 5 at 5 p.m.
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.
Contact Christopher “C.J.” Valenzuela, Public-Private Partnerships Coordinator for questions regarding this NOFA. He can be reached at christopher.valenzuela@raleighnc.gov
