We navigate the complex intersection of public funding, entitlement permitting, and community development finance to create affordable housing that lasts — for veterans, families, and individuals working toward stability.
Access to affordable housing funding requires navigating federal, state, and local programs simultaneously. We have direct experience with all of them.
Federal block grant funding administered through the City of Winston-Salem for housing rehabilitation, infrastructure, and community facilities serving low-to-moderate income residents.
$305K AppliedFederal funding for construction, acquisition, and rehabilitation of affordable housing units serving households at or below 80% AMI — administered locally through the City.
Active ApplicationVA funding for transitional and supportive housing for homeless veterans — including capital grants and ongoing operational per-diem payments for qualifying programs.
Q3–Q4 2026 ExpectedLocal city program providing development subsidies and land for affordable housing projects — including the Veterans Village Phase 1 application (Case 18525) currently under review.
Case 18525 FiledState-level LIHTC, HOME, and affordable housing financing programs — including low-income housing tax credit allocations for larger developments.
Pipeline ReadyCoC funding for permanent supportive housing and transitional programs — our established CoC relationships provide a competitive advantage for grant applications.
Board Relationship ActiveOur development process runs on program management discipline — every phase tracked, every deadline owned, every stakeholder aligned.
Parcel analysis, zoning review, transit access, crime data, VA proximity scoring
CDBG, HOME, GPD, AHD applications with 30-year proformas and compliance documentation
Rezoning, site plan approval, city entitlement process, neighborhood services coordination
Architect coordination, contractor selection, stick-built construction management
Tenant placement, supportive services integration, property management handoff
36 stick-built affordable housing units across three City of Winston-Salem–owned parcels — the first phase of a 150+ bed regional supportive housing campus for homeless veterans. Constructed by Burney & Burney, funded through the City's AHD program, CDBG, HOME entitlement grants, and VA Grant Per Diem.
Flagship supportive housing campus at 1242 W. Academy St. — up to 80 beds with wraparound clinical services, peer mentorship, and workforce readiness for men in recovery.
View Project →Planned expansion to 150–200 beds on additional city-owned parcels — with regional campus amenities, transit access, VA healthcare proximity, and mixed-income integration.
Partner on This →Affordable housing development requires rare cross-disciplinary expertise. We've built it — and we put it to work for every project.
30-year operating proformas, CDBG/HOME compliance budgets, income/expense growth assumptions, and vacancy modeling for grant applications and investor presentations.
Deep relationships with City of Winston-Salem Neighborhood Services, CoC Board leadership, and W.G. Hefner VAMC — giving our applications a meaningful competitive edge.
From needs assessments to 30-page narrative submissions, we manage the full grant application lifecycle — including compliance documentation, support letters, and portal submissions.
NCGDI (501c3) and Carolina Growth Holdings LLC operate in tandem — giving us the flexibility to hold, develop, and manage properties across multiple ownership structures.
Contractor coordination, construction timeline oversight, budget management, and code compliance for stick-built multifamily residential development.
Whether you're a landowner, investor, or government agency — let's build together.