N.C. Housing Finance Agency Marks 20th Anniversary of Housing Trust Fund
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N.C. Housing Finance Agency Marks 20th Anniversary of Housing Trust Fund


Staff Holds Volunteer Workdays at Three Raleigh Developments

October 9, 2007 — The North Carolina Housing Finance Agency will celebrate the 20th anniversary of the N.C. Housing Trust Fund by holding workdays this month at three Raleigh housing developments that were built with Trust Fund financing. Agency volunteers will do grounds maintenance, paint, and host a picnic for homeless children.

Created by the General Assembly in 1987, the Housing Trust Fund has financed safe housing for more than 17,000 North Carolina households. Of those, 85% live on less than half the median income of their counties.

“The Housing Trust Fund helps us reach some of our most vulnerable citizens, including persons with disabilities,” said N.C. Housing Finance Agency Executive Director A. Robert Kucab. “It has helped finance more than $100 million of supportive housing and has financed emergency repairs and accessibility modifications that have enabled nearly 7,000 elderly and disabled persons to continue living safely in their homes.”

The celebration workdays are:

October 12. N.C. Housing Finance Agency staff volunteers will join a crew of CASA residents to perform outdoor maintenance at apartments and offices at 624 W. Jones St. CASA is a nonprofit housing development corporation that develops, owns and manages affordable housing for special populations, including persons with mental, developmental, or substance abuse disorder.

At 11:00 a.m., CASA Director Debra King and N.C. Housing Finance Agency Director Bob Kucab will be available to talk to reporters.

October 19. N.C. Housing Finance Agency volunteers will paint interiors at The Healing Place for Women, a shelter for homeless women with substance abuse problems, and their children.

October 29. N.C. Housing Finance Agency volunteers will host a picnic for 150 homeless and runaway youth who are served by Haven House Ministries. The event will be held at Haven House Youth Outreach Center, 919 Morgan Street, from 11:00 a.m. to 2:00 p.m. Agency staff held fundraisers and collected clothing for the children in October.

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The North Carolina Housing Finance Agency is a self-supporting public agency. It has financed 176,000 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.


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RealEstateRama staff editor manage to selection and verify the real estate news for State of North Carolina.


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