Government

City of Fayetteville receives more than $12M for affordable housing

By Staff Report, posted 3 years ago

City of Fayetteville leaders have approved the use of more than $12 million in funding from the Economic and Community Development Department to alleviate the housing strain in the community. 

 

The funds will go toward construction, acquisition and rehabilitation of affordable rental housing. 

 

To help inform those eligible for funding, the City will host a Developer Workshop on Thursday, July 28 at 10 a.m. for members of the community interested in applying for funding. 

 

The class will help for-profit and nonprofit corporations, individuals, general or limited partnerships who are seeking information about the development process. The event will also cover topics including private financing options, procurement, zoning and ongoing monitoring and compliance. 

 

“The Developer Workshop is a part of the strategy to create more affordable housing within the City of Fayetteville,” stated the press release. The City’s goal is to alleviate the housing strain and create a more sustainable economy in the community.

 

The event will take place at Fayetteville Technical Community College in the Center for Business and Industry at 2723 Fort Bragg Road. 

 

All organizations interested in funding are encouraged to participate in the workshop.

 

Pre-registration is required and can be done here. For more information contact Bridgette Stephens, housing program manager, at bridgettestephens@fayettevillenc.gov

Ico insights

INSIGHTS

SPONSORS' CONTENT

In The Current Issue

Camden Commons: A new era of retail and commercial growth in Hope Mills

Nearly 80 acres of commercial development are now underway in Hope Mills. With Target serving as the anchor tenant, Camden Commons will bring a dynamic mix of retail and commercial opportunities. Land clearing and grading are underway at the site dev


Publisher's note: Pick up the torch

GRAPHIC PROVIDED BY BETTER BUSINESS BUREAUIn the fall of 2025, I was approached to be a judge for the Better Business Bureau’s 2026 award series. Like many of you in the community, I didn’t realize that the BBB had its own awards, and I was excited t


Excellence as a standard: Inside Dr. Tamara Colvin's path to becoming director of the FSU HUB

As the director of the FSU HUB, Dr. Tamara Colvin is responsible for strategic and operational leadership to provide impactful support to emerging entrepreneurs and existing small businesses. Photo provided by Colvin.Fayetteville Cumberland Regional