Town of Chapel Hill local Affordable Housing Funding Program – North Carolina - fundsforNGOs

The Town of Chapel Hill local Affordable Housing Funding Program (AHFP) provides funding to create and preserve affordable housing for low- and moderate-income households in Chapel Hill.

Donor Name: Town of Chapel Hill

State: North Carolina

Town: Chapel Hill

Type of Grant: Grant

Deadline: 03/03/2025

Size of the Grant: More than $1 million

Grant Duration: Grant Duration Not Mentioned

Details:

The Town of Chapel Hill supports nonprofit organizations that deliver vital community programs and services. The program’s overarching goal is to achieve economic and social well-being and opportunities to thrive for all Chapel Hill residents, particularly those who are low-income or otherwise disenfranchised. Human Services funding supports programs that improve education, livelihood security, and health outcomes for Chapel Hill residents.

Applications for funding must align with at least one of three strategic objectives:

Children improve their educational outcomes
Residents increase their livelihood security
Residents improve their health outcomes.

Priorities

Rental housing for households earning less than 50% of the current Area Median Income (AMI)
High impact projects, such as projects with more than 50 units and/or projects primarily serving populations with high housing barriers or historically marginalized populations
Shovel ready projects that can get units on the ground quickly once funding is allocated (within 3 years)
Projects accessible to frequent public transit, particularly along the Bus-Rapid-Transit corridor
Projects with high leverage from other funding sources, including Low-Income Housing Tax Credit projects.

Funding Information

Town released up to $1.75 million in funding for affordable housing and community development activities.

Eligible Activities

Eligible activities for funding include: