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About NCHFA
The North Carolina Housing Finance Agency is a self-supporting public agency. The Agency’s mission is to create affordable housing opportunities for North Carolinians whose needs are not met by the market. Since its creation in 1973 by the General Assembly, the Agency has financed nearly 215,000 affordable homes and apartments, totaling more than $14 billion. The Agency provides financing through the sale of tax-exempt bonds and management of federal and state tax credit programs, the federal HOME Program, the state Housing Trust Fund, and other programs. Using these resources and its own earnings, the Agency: --offers low-cost mortgages and downpayment assistance for qualified home buyers --finances affordable homes and apartments developed by local governments, nonprofit organizations, and private owners --finances the development of housing for people with special needs --finances the rehabilitation of substandard owner-occupied homes --offers foreclosure prevention assistance in