Shelter NC | Application Preview
Shelter NC is seeking government grants to fund the purchase of real estate, supporting its mission to expand affordable housing availability in North Carolina and reduce the burden on local governments. The organization plans to finance its growth through various channels, including fundraising, corporate sponsorships, and marketing efforts. The case for funding emphasizes the critical shortage of affordable rental homes in the U.S., highlighted by a March 2023 report from the National Low Income Housing Coalition, which notes a deficit of 7.3 million affordable options, with only 33 homes available for every 100 low-income households. No specific competition or competitive advantages are mentioned in the application.
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General Information
Business Registration Number: 92-2143644
Location: Wilmington, NC, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: NO
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Funding Usage
All funds will be used to purchase real property and fulfill our mission. Shelter NC's mission is to increase the inventory of affordable housing in North Carolina and by doing so lessen the burden on local governments.
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Business Plan
Our growth plan is predicted on fundraising, corporate sponsorships, government grants and marketing. Investors should invest in Shelter NC because according to a report published by the National Low Income Housing Coalition in March 2023, the U.S. faces a shortage of 7.3 million affordable and available rental homes, resulting in only 33 affordable and available homes for every 100.
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Self Identified Competition
n/a n/a
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Contact Applicant
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