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North Carolina Stories
140 New Construction Senior Apts. serving 30%-80% AMI
- Charlotte,
- North Carolina
- Community Housing Capital
DreamKey Partners, a leading nonprofit developer of affordable housing in Charlotte, North Carolina, has used $1,846,520 of its $13 million line of credit from Community Housing Capital to acquire a 6.3-acre site that will become the Johnston Oehler Senior Apartments. With low-income households currently priced out of Charlotte’s increasingly expensive rental market, the new construction project will create 140 apartments for seniors with household incomes from 30% to 80% area median income. The high-quality, new construction housing will offer an active lifestyle for the residents and a full-time professional property management staff that will serve onsite.
21c Durham
- Durham,
- North Carolina
- CAHEC Capital, Self-Help Ventures Fund
Standing tall and proud in the center of downtown Durham, 21c Museum Hotel is a multi-venue contemporary art museum offering more than 10,500 sq. ft. of art-filled exhibition and event space, a full-service boutique hotel with luxurious guest rooms, and home to Counting House restaurant.
A Passion for Planning: Alla Bumburyak
- Asheville,
- North Carolina
- Carolina Small Business Development Fund
After more than 17 years of working for the same law firm in the Asheville area, Alla Bumburyak needed a change. Capitalizing on her expertise and passion for event planning and design, Alla ventured into entrepreneurship and founded Alla Studios in 2022.
A Spark in the Community: Julieta Fumberg
- Asheville,
- North Carolina
- Carolina Small Business Development Fund
Fumberg has continued to turn her passion and talent as an artist into a career in Asheville, as she followed what she loves to do to create a business that offers a variety of imagery services from branding, graphic design, and photography all the way to contemporary artwork. In her work with the community in Western North Carolina, Fumberg was connected to the Western Women’s Business Center (WWBC), a program of Carolina Small Business Development Fund (CSBDF), that meets the needs of women entrepreneurs in WNC through coaching, workshops, and access to capital.
A Vital Service: Danny Wilson and Profile Building Services
- Charlotte,
- North Carolina
- Carolina Small Business Development Fund
When Danny Wilson was growing up, his dad worked as a janitor at a church. Every weekend Danny would help his dad clean the church, and it’s where he learned both the value of hard, honest work and the importance of cleanliness.
An Artistic Outlet: Mary McKinney
- Raleigh,
- North Carolina
- Carolina Small Business Development Fund
In Downtown Raleigh, Mary McKinney is helping children express their vibrant creativity at her art studio, Hello Yellow, Raleigh’s first process-based art studio.
Blow Molded Solutions in Mayodan, NC
- Mayodan,
- North Carolina
- Self-Help Ventures Fund
Self-Help borrower success story
Borrower Spotlight: Jessica Reed-Hill of the Sugar Hill Kakery
- Laurinburg,
- North Carolina
- Self-Help Ventures Fund
Self-Help borrower success story
Boys & Girls Club of Cabarrus County Expansion
- Concord,
- North Carolina
- CAHEC Capital
The Boys and Girls Club of Cabarrus County is a 70-year-old organization providing education, enrichment, health and life skills, and career programs to youth in Cabarrus County, NC. This 29,112 sq. ft. expansion (76% increase in space) will provide: a new teen center for high school students and expanded space for middle school youth; a performing arts room and stage that opens into a new multi-purpose area; seven additional activity rooms - doubling academics and youth development programming, and more...
Carmichael Building
- Durham,
- North Carolina
- CAHEC Capital
A former Liggett and Myers tobacco warehouse in Durham, NC, the Carmichael Building, is now home to lab, research, and office space for Duke University's Molecular Physiology Institute.
Charlotte-Mecklenburg Housing Partnership
- Charlotte,
- North Carolina
- Partners for the Common Good
PCG financed single-family homes for Charlotte residents living below 80% AMI.
Chatham Habitat for Humanity
- Siler City,
- North Carolina
- Habitat for Humanity
Financing supported a Habitat for Humanity Build for Chatham Habitat for Humanity, adding affordable, for-sale housing to Siler City, NC.
CDFI Branches in the State
Bragg Mutual FCU
- Cape Fear Valley Branch
- , Fayetteville
Bragg Mutual FCU
- Kenansville Branch
- , Kenansville
Bragg Mutual FCU
- Spout Springs Branch
- , Cameron
Bragg Mutual FCU
- Headquarters
- , Fayetteville
Business Expansion Funding Corporation
- Headquarters
- , Charlotte
CAHEC Capital
- Headquarters
- , Raleigh
Carolina Community Impact
- Headquarters
- , Raleigh
Carolina Small Business Development Fund
- Headquarters
- , Raleigh
Coastal Enterprises
- Brier Creek
- , Raleigh
Coastal Enterprises
- Carrboro Branch #139
- , Carrboro
Coastal Enterprises
- Cornerstone #122
- , Cary
Coastal Enterprises
- Crabtree #192
- , Raleigh
Coastal Enterprises
- Creedmoor Road #135
- , Raleigh
Coastal Enterprises
- Crescent Commons #133
- , Cary
Coastal Enterprises
- Henderson Branch
- , Henderson
Coastal Enterprises
- Holly Springs Branch
- , Holly Springs
Coastal Enterprises
- Hope Valley #128
- , Durham
Coastal Enterprises
- IBM Bldg. 500 (CPL) #115
- , Durham
Coastal Enterprises
- Lenovo Development
- , Morrisville
Coastal Enterprises
- North Harrison #114
- , Cary
Coastal Enterprises
- Olive Chapel Village #131
- , Apex
Coastal Enterprises
- Page Road #123
- , Durham
Coastal Enterprises
- Quail Plaza # 118
- , Raleigh
Coastal Enterprises
- Rocky Mount Branch
- , Rocky Mount
Coastal Enterprises
- South Square #119
- , Durham
Coastal Enterprises
- St. Albans Branch #130
- , Raleigh
Coastal Enterprises
- Wakefield Commons #106
- , Raleigh
Coastal Enterprises
- WakeMed Cary
- , Cary
Coastal Enterprises
- WakeMed Raleigh
- , Raleigh
Coastal Enterprises
- White Oak Crossing #124
- , Garner
Coastal Enterprises
- Raleigh Branch
- , Raleigh
Coastal Federal Credit Union
- Headquarters
- , Raleigh
DreamKey Partners Mortgage
- Headquarters
- , Charlotte
Excite Credit Union
- Glen Meade
- , Wilmington
Excite Credit Union
- Racine
- , Wilmington
Fort Financial Federal Credit Union
- New Hope Road Gastonia Branch
- , Gastonia