Affordable Housing Loan Funds
Asheville, North Carolina, nestled in the Blue Ridge Mountains, suffered widespread flooding and damage from Hurricane Helene.
Targeted financing for developers of affordable multifamily rental housing
Self-Help's affordable housing loan funds provide financing for developers to acquire, refinance, create, rehabilitate and preserve affordable multifamily housing in targeted areas.
Chapel Hill Affordable Housing Loan Fund
- For existing properties or land to develop affordable housing
- Can be used to acquire, refinance, create, rehabilitate or preserve housing
- Advantageous bridge or mezzanine financing
- Properties must be in Chapel Hill, NC or its extraterritorial jurisdiction
Durham Affordable Housing Loan Fund
- For existing properties or land to develop affordable housing
- Available for multifamily
- For nonprofit developers and housing authorities (or for-profit entities partnering with them)
- Project must be in the city of Durham, NC
Greensboro Housing Fund
- For existing properties or land to develop affordable housing
- Permanent gap financing
- Can be used to acquire, refinance, create, rehabilitate or preserve housing
- Projects must be in Greensboro, NC
Wake Affordable Housing Preservation Fund
- For preservation of existing affordable housing
- Can be used to acquire, refinance, rehabilitate or preserve existing housing
- Advantageous bridge or mezzanine financing
- Projects must be in Wake County, NC
Western North Carolina Affordable Housing Loan Fund
- For existing properties or land to develop affordable housing
- Can be used to acquire, refinance, create, rehabilitate or preserve housing
- Advantageous bridge or mezzanine financing
- Projects must be in Western North Carolina
Jacksonville Growth & Affordability Partnership Fund
Eligible projects:
- Existing properties or land to develop affordable housing New construction or rehabilitation
- Project scope must include creating or preserving affordable units for rent
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Multifamily Housing Loans
Explore additional financing options for acquiring, building, renovating or refinancing multifamily rental housing.