Affordable Housing Programs

Lake Norman CDC’s Rental Bridge Program provides a lifeline to renters in Cornelius, Huntersville, and Davidson who are struggling with high rent burdens. This unique initiative offers up to $500 per month in rental assistance, directly paid to property providers, so rent remains within 30–35% of household income. Every participant also receives personalized financial education, empowering families to strengthen their savings, improve credit scores, and build a path toward long-term financial security. With a focus on dignity, stability, and opportunity, the Rental Bridge Program is a temporary (one year) rental assistance program that is not government subsidized program. Those who rent or intend to rent in Corneilus, Davidson and Huntersville should click on the link above to learn more about the Rental Bridge Program.

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Key Benefits:

• Monthly rental assistance for up to 12 months

• Financial coaching and education

• Greater housing stability by making rent more affordable.

• Support for essential workers and moderate-income families and individuals

• No waitlist—apply today and start your journey to stability.

Lake Norman CDC’s Down Payment Assistance Pilot Program is designed to break down the biggest barrier to homeownership for moderate-income families: the upfront cost. This innovative initiative offers qualifying homebuyers in Cornelius targeted financial support—up to $10,200—to help with down payment and closing costs, making the dream of owning a home more attainable than ever. Paired with expert guidance and financial education, this pilot program empowers first-time buyers to build equity, achieve long-term stability, and invest in their futures right here in the Lake Norman region.

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Key Benefits:

• Direct down payment support for eligible buyers

• Helps renters become homeowners and build wealth.

• Reduces financial barriers to homeownership.

• Personalized financial education through the buying process

• Fosters stable, vibrant communities.

The Critical Home Repair Fund ensures that long-time homeowners—especially seniors—can remain safely and comfortably in their homes by funding urgent repairs that might otherwise force displacement. Eligible homeowners in Cornelius, Huntersville, and Davidson can access grants up to $5,000 to address critical needs such as roof repairs, plumbing, electrical issues, accessibility modifications, and more. By investing in repairs that protect health, safety, and dignity, this program helps families preserve generational wealth, prevents homelessness, and sustains affordable housing in our community. Although we don’t facilitate the critical home repairs, we partner with mission-driven organizations that do thereby expanding their impact.

Key Benefits:

• Grants for urgent repairs to owner-occupied homes

• Focus on seniors and families with limited income.

• Supports safe, healthy, and accessible living environments.

• Fast, streamlined application process.

• Helps residents age in place and maintain community ties.