MAYSVILLE, N.C. (WITN) – A project that would bring a 40-unit multifamily affordable housing development known as White Oak Landing to Maysville, is now on hold as the state says the money to fund it is needed to meet current disaster relief efforts.
The Town of Maysville was told this week that the $9.725 million in funding awarded at the end of October 2023 has been reallocated by the State of North Carolina.
An email stated, “Unfortunately, due to unexpected emergency needs in other disaster recovery programs beyond our control, we are unable to execute subrecipient agreements at this time. We are working with leadership to determine how and when this can be accomplished, and we are hopeful that they will be successful in finding replacement funds from other sources to fund these important and valuable affordable housing projects, but we do not anticipate being able to enter into written agreements before at least 60 days.”
The funding was allocated to the Town as part of The N.C. Office of Recovery and Resiliency (NCORR) award of $43.2 million from the Affordable Housing Development Fund to four municipal governments and one tribal government with the goal of increasing the availability of safe, affordable housing in areas of the state that experienced major damage from hurricanes Matthew and Florence.
“The town at this moment is disappointed that this affordable housing project has been halted, but we remain hopeful that the project will be able to happen in the near future,” stated the Maysville Town Manager, Mr. Schumata Brown.
Pamlico County was awarded roughly $6.69 million for a 56-unit development while The Town of Beulaville, in Duplin County, was awarded roughly $9.7 million to build 40 multifamily rental units. There has been no word from those locations on the status of their funding.
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