Skip to main content

Funding Opportunities

Filter and sort active funding sources to find programs that meet your community's needs. This page focuses on opportunities available to local governments, with occasional listings for related programs when a local government is a required partner or when participation may support local recovery efforts.

All information is provided as a starting point; users should verify eligibility, deadlines, and requirements directly with the administering agency.

CDBG-DR Multi-family Construction and Repair (Non-LIHTC)

Opportunuty Url:
https://www.commercerecovery.nc.gov...
Federal / State / Local / Private:
State
Disaster specific?:
Yes
Disaster declaration required?:
Yes
Current Status:
Open
One time or recurring opportunity?:
One time
Responsible Organization:
RenewNC
Contact info:
dcr.housing@commerce.nc.gov | 919-814-4600
Assistance Type:
Grant
Application Link:
https://portal.neighborlysoftware.c...
Application Criteria:
Applications must meet all threshold criteria below to advance to scoring:
  1. Eligible Applicant and Entity Type
  2. Project must be located in a combined MID area
  3. Disaster Tie-Back and Unmet Need
  4. Project must meet a National Objective, as outlined above. Please refer to the Renew NC Multi-Family Construction and Repair Large Policies and Procedures Manual for more information.
  5. Project must be financially feasible and include a preliminary budget and financing plan that demonstrates feasibility and that the project is consistent with cost reasonableness standards
  6. Project must be an eligible activity
  7. Project must be 5 units or more under common ownership and management
  8. Residential/structural portions of the project must not be located in a regulatory floodway, floodplain, or non-encroachment area
  9. Applicants must have experience developing and/or managing publicly funded housing projects, and
  10. Complete and Timely Submission: Application and all required documentation must be submitted in full by the NOFO deadline.
  11. Applications that fail to meet the threshold criteria shall be disqualified and shall receive a disqualification letter/email sent to the point of contact listed in the application.
Rolling/ Fixed Deadline:
Fixed
Single or Multiple Deadlines?:
Single
Application Deadlines:
  • November 2, 2026 at 5:00 PM
Who's Eligible?:
  • Nonprofits
  • Private organizations
  • Public-private partnerships
  • Units of local government
Eligible Uses:
  • Housing
Additional detail on uses:
Eligible activities include, but are not limited to:
  • New construction of multifamily housing
  • Reconstruction or rehabilitation of existing multifamily housing
The MCR program welcomes a wide range of applicant types, provided they demonstrate the ability to successfully develop and maintain affordable housing. 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
Prohibited Uses:
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
Award Mechanism:
Competitive
Award Minimum:
$500,000
Award Maximum:
$15M
Total funding available:
$70,591,500
Award Selection Criteria:
Applications will be competitively scored based on the weighted criteria provided below. Reviewers should use this framework to assess project feasibility, alignment with the Action Plan, and anticipated community impact. Capacity of the Applicant (10 percent/10 points) Community Need for Multi-Family Housing (20 percent/20 points) Soundness of Approach (40 percent/40 points) Leverage of Other Resources (20 percent/20 points) Achieving Results (10 percent/10 points) Bonus or Priority Considerations In addition to the points outlined above, DCR may allocate additional points to applications based on certain factors, such as:
  • Targeting affordability requirements below the program requirement of 80 percent AMI  (+10 points)
  • Enhanced mitigation or resilience features, such as Green Building Standards or Energy STAR features (+5 points)
  • Length of affordability term beyond the program requirement of 20 years (+10 points)
  • Are located in geographic areas that have historically been underrepresented in affordable multi-family investments or are underrepresented in funding investments for Hurricane Helene recovery (+20 points)
  • Include enhanced accessibility features such as wider doorways, or supportive services for persons with disabilities or elderly residents beyond what is legally required (+10 points)
  • Leveraging HUD’s Rapid Unsheltered Survivor Housing (RUSH) grants (+3 points)
Specific Compliance Requirements:

All awarded projects must comply with all applicable local, state, and federal cross-cutting requirements. Federal requirements include but are not limited to:

  • Davis-Bacon and Related Acts (DBRA)
  • Section 3 Economic Opportunities
  • Section 504 Accessibility and Compliance
  • Uniform Relocation Act (URA) and Residential Anti-Displacement
  • National Environmental Policy Act (NEPA)
  • 2 CFR Part 200 Financial Management
  • Duplication of Benefits (DOB) and cost reasonableness standards
  • Force Account Labor
  • Civil Rights compliance, including the Fair Housing Act and Title VI of the Civil Rights Act
  • Americans with Disabilities Act
  • Minority and/or Women Owned Business
  • Protecting Sensitive and Personal Identifiable Information
  • Conflict of Interest
Resources, Pro Tips, Trainings
Pro Tip:

Interested potential applicants are strongly encouraged to complete online prescreening prior to submitting an application. While not required, prescreening helps assess project and organizational readiness before entering the competitive application process.

The online prescreening is provided at the Renew NC Grant Portal. After receiving a submission, DCR staff will follow up to discuss next steps. A prescreening guide is available online.

Trainings
Funding Resources
Multi-Family Construction and Repair (MCR) Large Project Policies and Procedures Visit
Renew NC Program Comparison Chart Visit