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Heading 1: Funding for the Development of Affordable Multi-Family Rental Housing In order to finance the advancement of cost-effective multi-family rental housing, capital must be raised. This will be achieved through the utilization of the federal low-income housing tax credit program. Heading 2: Empowering Residents through Community Programs A wide range of supportive services, known as community programs, will be made accessible to residents of cahec-sponsored developments. These programs have been specifically designed to empower individuals and enhance their quality of life. Heading 3: Encouraging Homeownership with Savings-Incentive Plans and Grants To promote homeownership, residents will be provided with a savings-incentive plan that encourages saving towards owning a property. Additionally, grants will be awarded to nonprofit developers of affordable housing for sale, in order to facilitate the increase in affordable homeownership opportunities.
7700 Falls of Neuse Rd Ste 200, Raleigh, NC 27615
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