Section 108 Loan Guarantee Program – Affordable Housing & Economic Development Opportunities

The City of Raleigh is seeking input through a Request for Information to identify potential catalytic projects that advance affordable housing production, neighborhood revitalization, and economic development across North Carolina. This initiative is part of the Section 108 Loan Guarantee Program, which aims to support community development by leveraging federal funds to address critical needs in housing and local economies. The City is evaluating market interest, financing gaps, and development barriers to inform the operational structure and underwriting criteria of the program, with the goal of building a robust pipeline of viable projects that align with broader community priorities. Interested parties are invited to respond by the September 4, 2026 deadline to help shape how the program will be implemented, ensuring it effectively meets the needs of developers, stakeholders, and residents. The solicitation, issued under number 274-HCD-FY27-01 and posted on July 30, 2026, is open to a wide range of responders and is managed by the City's Housing and Community Development office, with Patrick Barbour designated as the primary point of contact. While specific eligibility or funding amounts are not detailed in this RFI, participants are encouraged to review the accompanying one-pagers for additional context on the Section 108 program framework and operational expectations.