The Wake County Housing and Community Revitalization Division (HCR) distributes funds based upon priorities established in the 5 year Consolidated Plan, a document that describes housing needs and sets forth strategies to meet those needs. Because the demand for housing exceeds that which can be produced with available funds, priorities have been established for spending: very low-income individuals and families (annual income below $32,000 for a family of four) who have the most acute housing needs receive the highest priority.
Rental Housing Development
Housing and Community Revitalization Division 919-856-5689
The Wake County Housing and Community Revitalization (HCR) Division assists with funding for construction of various types of affordable housing for low–income individuals, seniors and families. Development is encouraged by making low-interest loans to developers. Funding for Housing comes from HOME and Community Development Block Grants from the U.S. Department of Housing and Urban Development and from Wake County’s Capital Improvement Plan budget. The Housing Division assists with both large scale and small scale developments.
To apply to build affordable housing, please see the Request for Proposals section below.
The Housing Division assists organizations with the acquisition of property to develop single-family homes.
Information on Request for Proposals (RFP)
HCR has 2 RFP cycles per year – a rolling, open all year application for small scale developments, and an application in the fall for large scale developments in partnership with the City of Raleigh and other funders. Please call 919-856-5689 for more information about RFP cycles.