2024 Update: Local governments are closing the financial gap for affordable housing developments
Community and Economic Development Program of UNC
SEPTEMBER 4, 2024
Earlier this month, DFI examined how local governments in North Carolina have stepped in to make new affordable housing construction economically viable after a historic increase in construction costs and elevated interest rates. However, funding for WHLP lapsed from 2021 to 2023, just as construction costs surged.
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