$7M Grant Will Provide Rent Assistance for North Carolinians with Disabilities

a checkbook, pen and wooden toy house on a table

RALEIGH—Extremely low-income people with disabilities transitioning out of, or at risk of entering, institutional settings will have the opportunity to move to apartments in their communities thanks to a $7 million grant awarded to the North Carolina Housing Finance Agency. The Agency was one of 12 nationwide to receive the funding from the U.S. Department of Housing and Urban Development (HUD) under its Section 811 Project Rental Assistance program.

Authorized by the Frank Melville Supportive Housing Investment Act of 2010, the HUD 811 program provides project-based rental assistance funding to eligible state housing finance agencies for extremely low-income persons with disabilities aged 18-61.

This grant will provide rental assistance for approximately 188 apartments for extremely low-income people with disabilities who are either transitioning from institutions or at risk of institutionalization.

“The shortage of affordable housing has implications for all North Carolinians, but extremely low-income people with disabilities often have even more limited options without a source of rental assistance,” said Scott Farmer, executive director of the NC Housing Finance Agency. “The 811 award will help the state continue to move people with disabilities into integrated community settings.”

The Agency works with the state’s Department of Health and Human Services to ensure that individuals with disabilities can live in the least restrictive, most integrated settings as possible, provided the setting is appropriate for the individual. Through the Transitions to Community Living Voucher and Targeting program coupled with Key Rental Assistance, these efforts have moved 3,804 people with disabilities into independent apartments in their communities since 2012.

For more information about the NC Housing Finance Agency and the affordable housing it funds, visit www.HousingBuildsNC.com.

The North Carolina Housing Finance Agency, a self-supporting public agency, has financed 293,320 homes and apartments since its creation in 1973.

Press &
Investors

North Carolina Housing Finance Agency / 3508 Bush Street / Raleigh, NC 27609 / 919-877-5700

Disclaimer (please scroll and read, then proceed below)

All information contained on the following Web pages is obtained from the Agency’s books and records, and is believed to be accurate and reliable. Reference should be made to the official statement and operative documents of each series of bonds referred to herein for complete information on that issue. Because of the possibility of human and mechanical error as well as other factors, this information is provided "as is" without warranty of any kind and no representation or warranty, expressed or implied, is made, nor should any be inferred, as to the accuracy, timeliness, or completeness of this information. Under no circumstances shall North Carolina Housing Finance Agency have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any error (on account of neglect or otherwise) or other circumstance involved in procuring, collecting, compiling, interpreting, analyzing, editing, transcribing, transmitting, communicating or delivering this information, or (b) any direct, indirect, special, consequential, or incidental damages whatsoever, even if North Carolina Housing Finance Agency is advised in advance of the possibility of such damages, resulting from the use of, or inability to use, any such information. This information relates to bond issues of the North Carolina Housing Finance Agency that have been sold and distributed in underwritten public offerings described in the related official statements. Each viewer of the aforementioned information acknowledges that (i) the North Carolina Housing Finance Agency is not now by this document offering any bonds or other securities, nor soliciting an offer to buy any securities, (ii) this information is not to be construed as any description of the North Carolina Housing Finance Agency-such offerings are only made pursuant to the appropriate official statements of the North Carolina Housing Finance Agency, (iii) the information provided speaks only as of the date thereof and the North Carolina Housing Finance Agency has not in any way undertaken to update such information, and (iv) no representation is made as to the propriety or legality of any secondary market trading of the bonds or other securities of the North Carolina Housing Finance Agency by anyone in any jurisdiction. The financial condition of the North Carolina Housing Finance Agency may have changed since the date this information was prepared.

© NCHFA 2024. All rights reserved. View Our Privacy Policy and Our Terms and Conditions.