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 Loan Application available here.

Please see our Resilient-Communities:Smallbiz Flier for more information about eligibility and terms for the small business disaster relief program. This flier also includes a link to the application form.

Please contact Tara Campbell at (919) 835-6002 or tcampbell@ncinitiative.org  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 PNC Suntrust Kate B Reynolds Charitable Trust Local First Bank Fifth Third Bank First Tennessee Bank