Resilient Communities Loan Funding Available for Disaster Relief

The Initiative has loan products available for developers and businesses needing help to rebuild after recent disasters.

Hurricane Matthew:

Affordable Housing  – for developers of affordable housing (multi-family and homeownership) to accelerate the development of “shovel-ready” projects to expand access to affordable housing in areas impacted by the hurricane. New Development Loan Application available here.

Rental Housing Repair – for owners of rental housing whose properties were damaged in Hurricane Matthew. Landlord Repair Application available here.

Please see our Resilient Communities Aff Housing:Rental Repair Flier for more information about eligibility and terms for both programs.

Small Business Disaster Relief – Matthew, western wildfires, Tropical Storms Julia and Hermine:

Small businesses in any county affected by these disasters may be eligible for loans to help with recovery.  Small Business Application available here.

Please see our Resilient Communities: Smallbiz Flier for more information about eligibility and terms for the small business disaster relief program.

Please contact Tara Campbell, tcampbell (at) ncinitiative (dot) com or 919.828.5655 if you have questions about any of these loan products.

 

Many thanks to our sponsors

BB&T Oak Foundation Z Smith Reynolds Foundation Wells Fargo Triangle Community Foundation PNC Suntrust Kate B Reynolds Charitable Trust NeighborWorks America