New Hanover Community Endowment pledges up to $19M to New Hanover County's affordable housing programs.

New Hanover Community Endowment (NHCE) pledges up to $19M to New Hanover County's affordable housing programs. The Affordable Housing Investment Strategy allocates $8.1M to nonprofit housing providers, $11.5M to create new affordable housing units, and explores a capital impact program for future projects. 35% of New Hanover County households spend over 30% of their income on housing, prompting NHCE's effort to help address the affordable housing crisis.

May 29, 2024
5 Articles

Further Reading