Housing Affordability Grant Program
Forecasted
Housing Affordability Grant Program supports Triangle nonprofits’ operations to secure land for affordable housing, preserve low-income rentals, and stabilize homeowners so residents can remain in their communities.
Funder: Triangle Community Foundation
Due Dates (Anticipated): October 2027 (Application deadline)
Funding Amounts: $25,000 for one year; 20 awards anticipated in the 2026 cycle
Summary: General operating support for Triangle nonprofits securing affordable housing land, preserving affordable rentals, and stabilizing low-income homeowners.
Key Information: Applicants must be 501(c)(3) nonprofits based in and serving the Triangle, with at least three years of housing affordability experience.
Description
Triangle Community Foundation’s Housing Affordability Grant Program supports the general operations of nonprofit organizations addressing housing affordability in Chatham, Durham, Orange, and Wake counties. The program responds to rising housing costs that threaten residents’ ability to remain in their communities and affect the region’s workforce, economic health, and quality of life.
The 2026 cycle focuses on securing land for long-term affordable housing, increasing rental housing supply affordable at 80% of area median income (AMI) and below, and stabilizing low-income homeowners. Funding strategies emphasize preserving existing low-income rental housing, preventing homeowner displacement through repairs and property tax relief, and working with community partners to acquire or commit land for affordable housing development. Equity, community engagement, and alignment with community needs are central considerations.
