Community Development Funding Opportunities

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Bid Opportunity: Rehab of 1801-1807 Summerdale Drive Bid Opportunity: Demolition of 5507-5011 Hillsborough Street Notice of Funding Availability (NOFA) - Rental Development Program CLOSED: Notice of Funding Availability (NOFA) - Affordable Small-Scale Rental Development Program

The announcements below represent various funding opportunities available with City of Raleigh Housing and Neighborhoods Department. All Request for Quotes (RFQ), Request for Proposals (RFP), 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
 

Bid Opportunity: Rehab of 1801-1807 Summerdale Drive

The City of Raleigh's Housing and Community Development Department announces the bid opportunity for the Rehab of 1801-1807 Summerdale Drive Project. This rehab will consist of the following major items: mechanical, plumbing, sheetrock, painting, and roof. 

A Mandatory Pre-Bid Meeting will be held on Feb. 3, 2026 at 11 a.m. (EST) at 1801-1807 Summerdale Drive, Raleigh, NC 27604.

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

Bid Deadline

Sealed Bids will be received until Feb. 27, 2026 at 1 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 1801-1807 Summerdale Drive Project. 

Questions?

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

City Contact: Nicholas Bambino, Redevelopment Coordinator, nicholas.bambino@raleighnc.gov

Bid Opportunity: Demolition of 5507-5011 Hillsborough Street

The City of Raleigh's Housing and Community Development Department announces the bid opportunity for the Demolition of 5507-5511 Hillsborough Street Project. This project will consist of the following major tasks: demolition of existing structures, site cleanup, and planting grass.

A Mandatory Pre-Bid Meeting will be held on Feb. 3, 2026 at 2 p.m. (EST) at 5507-5511 Hillsborough Street, Raleigh, NC 27606.

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

Bid Deadline

Sealed Bids will be received until, Feb. 27, 2026 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 Demolition of 5507-5511 Hillsborough St. Project. 

Questions?

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

City Contact: Lauren North, Redevelopment Projects Administrator, redevelopment@raleighnc.gov

Notice of Funding Availability (NOFA) - Rental Development Program

The City of Raleigh’s Housing and Community Development 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 local affordable housing funds and federal HOME funds. Please see the Notice of Funding Availability document below for further detail.

Approximately $8 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.

CLOSED: 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:

On July 3, 2025, the City of Raleigh issued Addendum No. 1 to the above referenced NOFA. 

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 p.m. EST.

Contact

 

City of Raleigh
Housing and Community Development Department
421 Fayetteville Street, 
Suite 1200, 12th Floor
Raleigh, NC 27601
919-996-4330

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Lead Department:
Housing and Community Development
Service Categories:
Community DevelopmentUrban Projects Group (UPG)

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