Affordable Housing

CREATING AFFORDABLE OPTIONS

Learn how CDBG-DR funds are helping Fayetteville and Goldsboro create affordable places to live.

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Many areas of eastern North Carolina had an affordable housing shortage that grew worse when hundreds of homes were damaged or destroyed by Hurricane Matthew. Often, the people hit hardest in natural disasters are those who can least afford it. Increasing the availability of affordable housing for low- and moderate-income families helps those still recovering from flooding and increases safety and resiliency in future storms.

As part of the state’s recovery, NCORR signed a memorandum of agreement with the North Carolina Housing Finance Agency (NCHFA) to provide funding to build affordable housing in Fayetteville and Goldsboro. The McArthur Park II project in Fayetteville includes 80 affordable units for families, while the Adair Gardens project in Goldsboro includes 48 affordable units to house senior members of the community.

Additionally, NCORR awarded a $1.5 million grant to the Housing Authority of the City of Goldsboro through the state’s Community Development Block Grant – Disaster Recovery program, which is funded by the U.S. Department of Housing and Urban Development. This innovative project at Park Court is renovating an abandoned rental development to house tenants flooded out by the storm and includes funding from NCHFA to help those needing permanent supportive housing. Renovations such as these not only have a positive impact on affordable housing opportunities, but on education, health and lifestyle benefits for residents.

Through upcoming grants with HUD, NCORR will continue to develop partnerships and opportunities for more affordable housing development in storm-affected areas of eastern North Carolina.