Up to $1.75 million available for Affordable Housing and Community Development Activities

The Town of Chapel Hill released up to $1.75 million to support affordable housing and community development projects on February 3, 2025. Applications will be due at 12:00pm on Monday, March 3.

This year’s funding includes up to $1.3 million from the Town’s local Affordable Housing Funding Program (AHFP) and up to $450,000 in federal Community Development Block Grant (CDBG) funding. This year, the Town is coordinating the release of its local and federal CDBG funding to streamline the application process. The common funding application and accompanying materials are available here.

“The Town has streamlined our affordable housing funding program to increase efficiency, transparency, and equity. We look forward to deploying funding through this application cycle to continue making progress to address the vital need for affordable housing in the community,” says Sarah Vinas, Director of Affordable Housing and Community Connections.

Eligible uses of this funding include:

  • Construction of New Affordable Housing

  • Land Acquisition and Land Banking

  • Rehabilitation and Redevelopment

  • Future Development Planning

  • Rental, Utility, and Relocation Assistance

  • Financial Assistance to Homeowners

  • Public Services (CDBG funding only)

  • Economic Development (CDBG funding only)

The Town’s Affordable Housing and Community Connections Departments will hold a virtual information session for potential applicants at 10:00 am on Tuesday, February 11th, 2025. Town staff encourage both prior and new applicants to attend this webinar to learn about important updates about the process and application. Information on how to register for the webinar will be posted here.

Email Emily Holt, Affordable Housing Manager, at eholt@townofchapelhill.org for more information.