Raleigh’s Rental Development Program is Now Accepting Applications

Government Affairs, TAA News & Updates,

The City of Raleigh’s Housing & Neighborhoods Department announces the availability of approximately $18 million in Rental Development Program funds and invites qualified developers to submit proposals for the new construction and/or rehabilitation of affordable multifamily rental housing. A mix of federal and local funds are available such as HOME, Community Development Block Grant (CDBG), and Affordable Housing Bond funds. Please see the Notice of Funding Availability for further detail: Rental Development Program 2023 NOFA

Please note: To be considered for funding, applications must be received by 5:00 p.m. on January 20, 2023.

Any questions should be addressed to Maria Dewees at 919-996-6948 or Maria.Dewees@raleighnc.gov.