Applications are now being accepted for the Renew NC Multi-Family Construction and Repair Program.
Donor Name: North Carolina Department of Commerce
State: North Carolina
County: Selected Counties
Type of Grant: Grant
Deadline: 07/30/2026
Size of the Grant: More than $1 million
Grant Duration: Less than 1 Year
Details:
This Notice of Funding Opportunity (NOFO) announces the availability of funding under the Community Development Block Grant Disaster Recovery (CDBG-DR) Multi-Family Construction and Repair Program (MCR) administered by the North Carolina Department of Commerce’s Division of Community Revitalization (DCR).
The funds are provided by the U.S. Department of Housing and Urban Development (HUD) to assist in the revitalization of impacted commercial areas located within State- and HUD- Identified Most Impacted and Distressed (MID) counties, referred together as Combined MID.
The Renew NC Multi-Family Construction and Repair Program Policies and Procedures Manual is available online. This manual serves as the authoritative guide to the implementation of the MCR Program. It is intended for use by subrecipients, developers, and other program stakeholders.
Objectives
- Address unmet rental housing needs in the following counties identified in the State’s Action Plan as the most impacted and distressed (MID) areas: Alexander, Alleghany, Ashe, Avery, Buncombe (see note), Burke, Caldwell, Catawba, Clay, Cleveland, Gaston, Haywood, Henderson, Jackson, Lincoln, Macon, Madison, McDowell, Mecklenburg (zip code 28214), Mitchell, Polk, Rutherford, Surry, Swain, Transylvania, Watauga, Wilkes, Yadkin, and Yancey.
- Note: projects located within Buncombe County that are also located within the City of Asheville are not eligible for funding due to the availability of the City’s own CDBG-DR funding allocation.
- Increase the availability of affordable rental units;
- Promote housing accessibility and sustainability;
- Encourage the inclusion of special needs populations and supportive housing.
Funding Information
- Total Funding Allocation: $70,591,500
- Minimum Grant Amount: $500,000
- Maximum Grant Amount: $15,000,000
Eligible Activities
Eligible activities include, but are not limited to:
- New construction of multifamily housing
- Reconstruction or rehabilitation of existing multifamily housing
Eligibility Criteria
Eligible applicants include but are not limited to:
- For-profit developers
- Non-profit housing developers, including Community Housing Development Organizations (CHDOs) and Community-Based Development Organizations (CBDOs)
- Public housing authorities
- Units of local government
- Joint ventures between eligible entities above, provided they demonstrate adequate development
- capacity and financial management acumen
- Applicants must:
- Be legally organized to develop and operate multi-family rental housing
- Have experience delivering publicly funded affordable housing
- Be in good legal and financial standing with federal and state agencies
- Not be debarred or suspended
Ineligibility
The following is a non-exhaustive list of examples of ineligible costs and activities:
- Duplication of benefits from other sources
- Activities without a direct tie to disaster recovery
- Costs incurred prior to environmental clearance, unless approved by DCR as outlined in the program’s policies and procedures
- Luxury improvements not essential to health and safety (e.g., swimming pools, high-end finishes, etc.)
- Commercial components not allocated to a non-CDBG-DR source
- Operating reserves or rental subsidies
- Political, lobbying, or legal fees unrelated to program delivery
For more information, visit NCDC.
