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NC
City of Raleigh HOME Investment Partnerships Program
Federal HOME funds supporting affordable rental and homeownership housing development, rehabilitation, and assistance in Raleigh.
About this program
Raleigh administers HOME Investment Partnerships Program funds to expand and preserve affordable housing for low-income households. Eligible uses can include affordable rental development, homeownership, rehabilitation, tenant assistance, and nonprofit housing partner projects.
Eligibility
Affordable housing developers, nonprofit housing organizations, CHDOs, and public partners serving income-qualified households in Raleigh.
Requirements
- Meet HOME income, affordability, eligible cost, and property standards
- Submit site control, development budget, financing plan, and long-term affordability commitments
- Complete underwriting, environmental review, relocation, and federal compliance requirements