Affordable Housing Opportunity
Single-Family Housing Development Program
The City of Fayetteville is soliciting proposals for the development of affordable for-sale units on approximately 45 city-owned vacant lots.
The City of Fayetteville's Affordable Single-Family Housing Development Program is designed to expand affordable homeownership opportunities by providing development incentives to qualified for-profit and non-profit organizations. The program's primary goal is to support the development of in-fill housing that serves families earning at or below 80% of the Area Median Income (AMI), in accordance with HUD's HOME Investment Partnerships Program (24 CFR Part 92). This includes the provision of interest-free construction financing to developers and forgivable down payment assistance to qualified buyers (not to exceed $50,000).
Proposals due February 14, 2025. For more information, contact Kimberly Toon, Procurement Manager, at kimberlytoon@fayettevillenc.gov or (910) 433-1942.
