More News

Fayetteville and Lumberton receive public housing funding awards

By Staff Report, posted 2 years ago
Photo courtesy of NCORR

The N.C. Office of Recovery and Resiliency Public Housing Restoration Fund has awarded $14.5 million to four state public housing agencies to finance projects that will aid in meeting critical public housing needs in eastern North Carolina. 

Within Greater Fayetteville Business Journal’s coverage area, recipients of Public Housing Restoration Fund awards were:

  • Fayetteville Metropolitan Housing Authority, awarded $636,454 
  • Housing Authority of the City of Lumberton, awarded $5,000,000

The purpose of the Public Housing Restoration Fund awards is to increase the availability of safe, affordable public housing units in areas of the state that were heavily devastated in 2016 and 2018 by hurricanes Matthew and Florence. Public housing authority recipients will repair or replace damaged rental units or build new ones in safer locations with a lower risk of flooding. 

The 16 counties that suffered the most damage across North Carolina were deemed eligible to apply for funds. 

Public housing projects located in the 16 North Carolina counties federally identified as “most impacted and distressed” due to destruction from hurricanes Matthew and Florence were invited to apply for funds. Projects with unoccupied units and/or residents displaced due to storm damage were prioritized. The funding application window opened May 31 and closed Aug. 1. 

The Public Housing Restoration Fund Program is supported by North Carolina’s HUD Community Development Block Grant–Disaster Recovery funding for hurricanes Matthew and Florence. 

Ico insights

INSIGHTS

SPONSORS' CONTENT

In The Current Issue

Buns of glory: Local food truck pros prepare to compete at Haymount Truck Stop's inaugural burger competition on July 19

Cookout season is officially in full swing, and if you’re tired of grilling your own, the Haymount Truck Stop has an exciting option for the whole family! The Truck Stop’s inaugural burger competition is happening on Saturday, July 19.


Editor's note: I’m sailing away

Adiós. Au revoir. Auf Wiedersehen.No, I am not leaving the Greater Fayetteville Business Journal, but I am going on a long overdue vacation!Hello dear readers, this is my roundabout way of announcing to the community that starting on July 4, any and


Filling the capital gap: Tulsa Initiative's micro-lending program opens doors for Fayetteville entrepreneurs

In a city where traditional lending channels can overlook aspiring business owners from underserved communities, the Tulsa Initiative is changing the narrative around access to capital. The Fayetteville-based nonprofit has worked to expand its missio