In 1988, a group of advocates seeking to bring together those interested in best practices and improving public policy-making formed the North Carolina Low Income Housing Coalition. These advocates first convened in response to diminishing federal funds and the increasing housing needs of the state’s low- and moderate-income residents to lobby for the creation of the North Carolina Housing Trust Fund. Initially capitalized with $21 million from the NC Housing Trust and Oil Overcharge Act, the fund is still in existence today and remains a cornerstone to North Carolina’s affordable housing financing options and the Coalition’s advocacy priorities.
Renamed the North Carolina Housing Coalition in 2004, we are proud of nearly 30 years of advocacy achievements at the federal, state, and local levels. As the Coalition continues to grow, and in recognition of the deep connection between affordable housing and successful community economic development, the North Carolina Housing Coalition and the North Carolina Community Development Initiative, along with Initiative Capital, the Initiative’s lending arm, have formed a strategic partnership to meet the challenges faced by underserved communities in the state.