Press Contact Only:
Margaret Matrone, NCHFA, 919-877-5606,
Connie Helmlinger, NCHFA, 919-877-5607,
State Representative Rick Glazier will speak at a groundbreaking ceremony for eight apartments for persons with disabilities in eastern Fayetteville on February 6. The apartments are being developed by United Developers with financing from the North Carolina Housing Trust Fund and are expected to be completed by August.
Speakers:
Representative Rick Glazier
Bob Kucab, executive director, N.C. Housing Finance Agency
Murray Duggins, president, United Developers
Gordon Ross, board chair, Fayetteville/Cumberland County Chamber of Commerce
Date/Time:
February 6, 3:00 p.m.
Location:
708 Duggins Way, Fayetteville, NC
Onsite Contact:
Will Parry-Hill, 919-622-8236
Funding for the new apartments is part of an initiative the General Assembly launched in 2005 to create independent and supportive apartments affordable to low-income disabled people. Financing for the housing is provided through the Housing Trust Fund, which is managed by the N.C. Housing Finance Agency. The housing agency partners on the initiative with the North Carolina Department of Health and Human Services (DHHS), which provides rent assistance for the disabled residents living on Supplemental Security Income.
The Housing Trust Fund is a state-funded and state-designed resource for financing affordable housing. In its 20 years, the Trust Fund has financed almost half a billion dollars of housing construction. It has assisted more than 17,000 households, including nearly 7,000 elderly and disabled persons who were able to remain in their home thanks to emergency repairs and accessibility modifications. The N.C. Housing Finance Agency pays all of the Trust Fund’s administrative costs, so that all the state appropriations go directly into housing.
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The North Carolina Housing Finance Agency is a self-supporting public agency. It has financed 184,000 affordable homes and apartments in the last three decades, including nearly 74,000 homes for first-time home buyers. To learn more, go to www.nchfa.com or call 919-877-5700 or 800-393-0988.
