Every year the North Carolina Housing Finance Agency (NCHFA) reviews the Qualified Allocation Plan (QAP) that describes the selection criteria for developers submitting projects for Low-Income Housing Tax Credits (LIHTC). LIHTC credits provide developers the ability to feasibly develop affordable ho … Read more

In recognition of the Department of Housing and Urban Development (HUD)’s 50th anniversary, the CED blog is highlighting a couple of HUD’s newest programs that cities can use to help spur revitalization in distressed neighborhoods. One of these programs is Choice Neighborhoods. Choice Neighborhoods … Read more

Every year the North Carolina Housing Finance Agency (NCHFA) awards applicants with Low-Income Housing Tax Credits (LIHTC) – the most important resource for creating affordable housing in the United States today. The NCHFA uses federal and state funds to produce affordable housing by partnering with … Read more

If you were to Google micro-apartments, articles about innovative projects in Seattle, Washington D.C., Boston, San Francisco or former Mayor Michael Bloomberg’s plan to solve the housing crisis in New York top the list. Seattle alone has 780 units already approved for occupancy and about 1,600 more … Read more

North Carolina law offers a variety of exemptions, exclusions, and appraisal benefits for property used to provide housing for low- or moderate-income residents. Here is a quick summary of those special rules with links to the full statutes and to more-detailed blog posts on related issues. Exemptio … Read more

Across the country, local governments are increasingly embracing land banking as a key strategy to catalyze and control the revitalization of their vacant and abandoned properties. As described in this post on the CED blog, North Carolina local governments can cobble together the statutory authority … Read more

This post is part of our series on North Carolina CDFIs. CDFIs are financial institutions that expand access to capital in low-wealth and underserved communities in order to foster economic development and revitalization. See previous posts in the series: an overview of the role of CDFIs in North Ca … Read more

A coalition in Greensboro is spearheading a campaign that would bring a relatively recent innovation in permanent supportive housing to North Carolina. An outgrowth of the increasingly popular tiny house movement, the development of multiple, standalone units connected to specialized services is gai … Read more

Summer 2014 saw increased attention paid to the issue of housing affordability in America with reports by Harvard’s Joint Center for Housing Studies, the National Low Income Housing Coalition (NLIHC) and the New York Times highlighting the squeeze low and middle income households face from ever-incr … Read more

A previous post by Tyler Mulligan explained how local North Carolina governments can utilize land banks to address vacant, abandoned, and tax foreclosed properties in their community. Another post provided a case study of the Genesee County Land Bank Authority in Genesee County, Michigan. This post … Read more