North Carolina Housing Finance Agency Wins Three National Awards

Press Contact Only:

Margaret Matrone, NCHFA, 919-877-5606, 

RALEIGH--The North Carolina Housing Finance Agency won three awards for excellence at the National Council of State Housing Agencies’ annual conference in Boston, Sept. 30 – Oct. 2. In a field of 53 state agencies and 168 award entries, NCHFA won awards for its rental rebuilding program after Hurricane Floyd, its web-based Fair Housing Self-Evaluation Test for rental properties, and its strategic design for its newsletter and annual report on achievements.

The Agency’s Flood Rental Rebuilding Program financed 1,031 rental apartments in eastern North Carolina and created a temporary rent assistance program that allows 700 low-income families to live in market-rate apartments for two years. By accelerating its 2000 tax credit awards in flood counties, the Agency got new rental developments underway in December 1999, even while it worked with others in state government to assess needs and draw up the state’s rebuilding plan. The Agency’s early success helped North Carolina gain a special $25 million federal appropriation for flood relief.

The Agency’s online Fair Housing Construction Plan Review and Self-Evaluation Test allows apartment mangers to determine whether older properties comply with federal Fair Housing requirements. NCHFA staff negotiated a grace period with the N.C. Fair Housing Center to allow any necessary corrections to be made. The program also includes architectural reviews and inspections to ensure that new properties meet the federal requirements, safeguarding the investments of developers, builders and NCHFA. 

The Agency’s "bite-sized" approach to its newsletter and annual report incorporates photography, color and brevity to earn the attention of busy readers. Instead of a traditional annual report, the Agency has developed a colorful brochure and one-page newsletters—each focusing on a single topic, such as housing for the mentally ill or partnerships with local governments—to discuss the wide variety of affordable housing financed by the Agency.

The North Carolina Housing Finance Agency is a self-supporting public agency. Since its creation in 1973, the agency has financed more than 118,000 affordable homes and apartments for North Carolina citizens.

# # #

North Carolina Housing Finance Agency / 3508 Bush Street / Raleigh, NC 27609 / 919-877-5700

Disclaimer (please scroll and read, then proceed below)

All information contained on the following Web pages is obtained from the Agency’s books and records, and is believed to be accurate and reliable. Reference should be made to the official statement and operative documents of each series of bonds referred to herein for complete information on that issue. Because of the possibility of human and mechanical error as well as other factors, this information is provided "as is" without warranty of any kind and no representation or warranty, expressed or implied, is made, nor should any be inferred, as to the accuracy, timeliness, or completeness of this information. Under no circumstances shall North Carolina Housing Finance Agency have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any error (on account of neglect or otherwise) or other circumstance involved in procuring, collecting, compiling, interpreting, analyzing, editing, transcribing, transmitting, communicating or delivering this information, or (b) any direct, indirect, special, consequential, or incidental damages whatsoever, even if North Carolina Housing Finance Agency is advised in advance of the possibility of such damages, resulting from the use of, or inability to use, any such information. This information relates to bond issues of the North Carolina Housing Finance Agency that have been sold and distributed in underwritten public offerings described in the related official statements. Each viewer of the aforementioned information acknowledges that (i) the North Carolina Housing Finance Agency is not now by this document offering any bonds or other securities, nor soliciting an offer to buy any securities, (ii) this information is not to be construed as any description of the North Carolina Housing Finance Agency-such offerings are only made pursuant to the appropriate official statements of the North Carolina Housing Finance Agency, (iii) the information provided speaks only as of the date thereof and the North Carolina Housing Finance Agency has not in any way undertaken to update such information, and (iv) no representation is made as to the propriety or legality of any secondary market trading of the bonds or other securities of the North Carolina Housing Finance Agency by anyone in any jurisdiction. The financial condition of the North Carolina Housing Finance Agency may have changed since the date this information was prepared.

© NCHFA 2023. All rights reserved. View Our Privacy Policy and Our Terms and Conditions.