Unlocking Affordable Housing Opportunities in North Carolina
Explore affordable housing solutions and income guidelines in North Carolina, learn about funding opportunities, and connect with experts like Marla Y. Newman, Director of Community Development in Apex. Discover resources and examples for addressing housing affordability challenges.
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Presentation Transcript
July 28, 2024 Town of Apex North Carolina Black Elected Municipal Officials Conference Affordable Housing: The Possibilities
HUD Income Guidelines Raleigh Area Source: U.S. Department of Housing and Urban Development Percent of AMI of 1 of 2 10% $8,570 $9,790 20% $17,140 $19,580 30% $25,710 $29,370 40% $34,280 $39,160 50% $42,850 $48,950 Family Family Family of 3 $11,010 $22,020 $33,030 $44,040 $55,050 Family of 4 $12,230 $24,460 $36,690 $48,920 $61,150 Family of 5 $13,210 $26,420 $39,630 $52,840 $66,050 Family of 6 $14,190 $28,380 $42,570 $56,760 $70,950 Family of 7 $15,170 $30,340 $45,510 $60,680 $75,850 60% 65% 70% $51,420 $55,750 $59,990 $58,740 $63,635 $68,530 $66,060 $71,565 $77,070 $73,380 $79,495 $85,610 $79,260 $85,865 $92,470 $85,140 $92,235 $99,330 $91,020 $98,605 $106,190 80% $68,560 $78,320 $88,080 $97,840 $105,680 $113,520 $121,360 90% $77,130 $88,110 $99,090 $110,070 $118,890 $127,710 $136,530 AMI $85,700 $97,900 $110,100 $122,300 $132,100 $141,900 $151,700
National Housing Conference: Paycheck to Paycheck https://nhc.org/paycheck-to-paycheck/
Inflation Reduction Act Community Change Grants Program https://www.epa.gov/inflation-reduction-act/inflation-reduction- act-community-change-grants-program https://epa.maps.arcgis.com/home/item.html?id=f3be939070844ea c8a14103ed6f9affd
Contact Marla Y. Newman, Director Community Development and Neighborhood Connections Town of Apex Marla.Newman@apexnc.org
