RFQ RFP- Homebuyer Training NOFA- LIHTC Developers NOFA- Real Property Acquisition, Housing Rehabilitation or New Construction
The announcements below represent various funding opportunities available with City of Raleigh Housing and Neighborhoods department.
RFP- Homebuyer Training
The Community Development Division of the City of Raleigh Housing and Neighborhoods Department seeks proposals from HUD-certified persons or organizations to provide training to first time home buyers. All proposals will be due no later than January 24, 2020 by 3:00 PM.
To view the RFP on IPS: Housing Counseling RFP
Questions or comments regarding this notice should be directed to Heather Bruce- 919-996-6968.
NOFA- LIHTC Developers
Notice to Low Income Housing Tax Credit (LIHTC) Developers
The City of Raleigh is seeking to increase the supply of affordable rental housing for its low to moderate income residents. To help achieve that objective, funds are available on a competitive basis in the form of gap financing for both 9% tax credit and 4% tax credit projects. Proposed projects must comply with the City’s Affordable Housing Location Policy.
For proposed projects that are located in an area of concentration but meet the policy exception for proximity to transit, developers are encouraged to consider the inclusion of market rate units, within the parameters of the Qualified Allocation Plan (QAP). Developers are encouraged to consult with City staff and NCHFA staff prior to application submittal to ensure that the project is structured in compliance with the QAP.
In some instances, assistance may be available from the City to write down site acquisition costs in priority locations. Given funding limitations, prospective developers are encouraged to consult with City staff prior to application submittal.
Applications requesting assistance from the City for 9% projects (and 4% projects being submitted at the same time) will be due on January 24, 2020 to coincide with NCHFA’s pre-application deadline. Applications for 4% projects will be accepted anytime between now and October 2020. Please contact staff prior to submission to ensure funds are available. Application guidelines and instructions are set forth within the Notice of Funding Availability linked below.
Questions or comments regarding this notice should be directed to Aimee Holtsclaw – 919-996-6948
NOFA- Real Property Acquisition, Housing Rehabilitation or New Construction
Notice is hereby given that federal Community Development Block Grant (CDBG) and HOME Investment Partnerships Program (HOME) funds from the U.S. Department of Housing and Urban Development (HUD) through City of Raleigh’s Housing & Neighborhood Department are available for Program Year 2019-2020. The primary objective of the CDBG Program is the development of viable communities by providing decent housing, a suitable living environment, and expanding economic development opportunities for persons of low and moderate-income. The intent of the HOME Program is to increase the supply of decent, affordable housing to low- and very low-income households; expand the capacity of nonprofit housing providers; strengthen the ability of state and local governments to provide housing; and leverage private sector participation.
The City is currently requesting Letters of Interest from interested tax-exempt non-profit organizations that carry-out CDBG and HOME eligible activities benefiting low- and moderate-income (80% or less of the area median income) City of Raleigh residents.
Eligible activities under this NOFA include Real Property Acquisition, Housing Rehabilitation, or New Construction. Individuals and groups seeking to apply for funding for Real Property Acquisition, Housing Rehabilitation or New Construction are asked to submit a Letter of Interest form, which can be downloaded below, to the City of Raleigh, Housing & Neighborhoods Department.
All letters of interest should be delivered to 421 Fayetteville St, Ste 1200 Raleigh, NC 27601 and are due by 5:00 pm on January 31, 2020. Individuals and groups seeking to apply for funding for activities other than Real Property Acquisition, Housing Rehabilitation or New Construction should not apply at this time. at 421 Fayetteville Street, Suite 1200, Raleigh, NC 27601 by 5:00 pm on January 31, 2020.
To view the NOFA and Letter of Interest form on IPS: NOFA- Real Property Acquisition, Housing Rehabilitation or New Construction
Letter of Interest can also be downloaded here: NOFA Letter of Interest