Multi-Family Housing Programs
Prescreening Now Available for Multi-Family Construction and Repair Program
Renew NC is offering a prescreening opportunity to help potential applicants prepare for the upcoming launch of the Multi-Family Construction and Repair (MCR) Program for non-LIHTC projects. While prescreening is not required to submit a program application, it is strongly encouraged.
Programs Overview
The Division of Community Revitalization (DCR) has created several housing programs to invest in affordable, multi-family rental housing in the HUD- and State-Identified Most Impacted and Distressed (MID) areas. The State’s HUD-approved Action Plan, as amended, outlines two components of DCR’s multi-family housing programs:
- The Small Project Component, which is meant to address properties with one to four rental units, and,
- The Large Project Component, which is meant to address properties with five or more rental units.
Small Project Component
Small Rental Rehabilitation Program
The Small Project Component is the Renew NC Small Rental Rehabilitation Program. This program is funded with $57.4 million in CDBG-DR grant funds and helps eligible rental property owners (landlords) repair, reconstruct, or replace rental properties with four or fewer units that were damaged by Hurricane Helene. Properties assisted by this will have a 10-year affordability period. Applications are open for the Small Rental Rehabilitation Program.
Large Project Component
Multi-Family Construction and Repair Program
The Large Project Component is the Renew NC Multi-Family Construction and Repair Program. This program is intended to serve multi-family rental properties with five or more rental units, to include the rehabilitation or development and construction of new rental housing stock. This program will be implemented using multiple tracks, to be announced in the coming months. Please sign up for DCR's Multi-Family Housing Program email list for the latest information and updates.
Program Tracks
At least one of those tracks is anticipated to address potential projects that do not qualify for or receive Low-Income Housing Tax Credits (LIHTC) under the North Carolina Housing Finance Agency’s (NCHFA) Qualified Allocation Plan. This track is called the Non-LIHTC track. Eligible applicants for the Non-LIHTC track include for-profit and non-profit developers, public housing authorities, local governments, and joint ventures between these entities.
Prescreening is now available for potential applicants of the Multi-Family Construction and Repair Program with non-LIHTC projects.
DCR anticipates publishing a Notice of Funding Opportunity (NOFO) for the Non-LIHTC track late spring/early summer 2026. Please sign up for DCR's Multi-Family Housing Program email list to be notified when the NOFO is released.
DCR also hopes to partner with the North Carolina Housing Finance Agency (NCHFA) to allocate CDBG-DR funding to projects that are awarded LIHTC. More information will be available soon.
Prescreening Available for Non-LIHTC Track
Renew NC is offering a prescreening opportunity to help potential applicants prepare for the upcoming launch of the Multi-Family Construction and Repair (MCR) Program for non-LIHTC projects. While prescreening is not required to submit a program application, it is strongly encouraged. Prescreening provides an initial review to help determine whether proposed Community Development Block Grant Disaster Recovery (CDBG-DR) projects align with federal requirements, meet a national objective, and demonstrate financial feasibility.
Additional Program Information
- $191,340,000 ($172,712,300 CDBG-DR plus $18,627,700 for mitigation)
- NCDOC will implement the program and undertake necessary environmental reviews per 24 CFR 58. Underwriting support will be provided by contractors.
- Small project component – open window
- Large project component – competitive application process
- Program will restore housing and promote development of new multifamily housing in the Combined MID area and will focus benefit on LMI groups by imposing affordability requirements on new construction. Funding will be via competitive process. Funding will be split between small projects (4 or fewer units) and large projects (5 or more units). Both small and large projects may have mixed-use components.
- Projects must be in Combined MID area.
- Eligible applicants will include private developers, local governments, public or non-profit organizations, and CHDOs/CBDOs.
- Suballocation is approximately 30% for small projects ($57.4 million) and 70% ($133.94 million) for large projects.
- Small projects – Grants of a minimum of $250,000 to a maximum of $1,500,000
- Large projects – Grants of a minimum of $500,000 to a maximum of $15 million to eligible applicants
- 80% of AMI for occupants for units to qualify as providing LMI benefit
- Project proposals should include mitigation measures and include distinct cost breakout in funding request. 10% of the CDBG-DR Mitigation set aside will be reserved for use with activities and projects funded under this program.
- NCDOC will establish requirements for the number of accessible units and deeply affordable units based on project size.
Referenced to Title I of Housing and Community Development Act of 1974 (42 USC 5305(a)) or HUD Revised Universal Notice.
- §5305(a)(1) – Acquisition
- §5305(a)(3) – Code Enforcement
- §5305(a)(4) – Clearance, Rehabilitation, Reconstruction and Construction of Buildings, including housing
- §5305(a)(5) – Removal of Architectural Barriers
- §5305(a)(7) – Disposition
- §5305(a)(8) – Public Services
- §5305(a)(11) – Relocation Payments
- §5305(a)(13) – Administrative Costs
- §5305(a)(14) – Assistance to Non-Profit Entities
- §5305(a)(15) – Assistance to Neighborhood-Based Organizations
- §5305(a)(20) – Housing Services
- §5305(a)(24) – Direct Assistance for Homeownership Activities
- §5305(a)(25) – Tornado Shelters
- §5305(a)(26) – Lead-Based Paint Hazard Evaluation and Reduction
- FR Notice – New Housing Construction - Section III.D.5.a.
- FR Notice – Mitigation
Referenced To 24 CFR 570, Subpart I and/or HUD Revised Universal Notice.
- LMI Benefit through Housing – 24 CFR 570.483(b)(3)
- UN – 24 CFR 570.483(d)