The Town of Chapel Hill released up to $800,000 to support community partner affordable housing projects.
Donor Name: Town of Chapel Hill
State: North Carolina
Town: Chapel Hill
Type of Grant: Grant
Deadline: 03/18/2024
Size of the Grant: $500,000 to $1 million
Grant Duration: Grant Duration Not Mentioned
Details:
Priority will be given to rental projects that serve households with incomes 60% and below the Area Median Income (AMI) and homeownership projects that serve households with incomes 80% and below the AMI.
Priority Project Areas
- Land Bank & Land Acquisition
- Rental Subsidy & Development Program
- Home Ownership & Development Assistance Program
- Future Development Planning
Eligible Uses
Eligible uses of this funding include:
- Acquisition or land banking
- Planning for future development
- New construction and redevelopment
- Home repairs
- Homebuyer, relocation, and rental assistance
- Infrastructure, demolition, and site improvements.
For more information, visit Town of Chapel Hill.