Raleigh is loading up a $4.5 million housing war chest for FY 2026-27, after City Council on Tuesday approved the city’s Annual Action Plan, a one-year roadmap that mixes federal HUD grants with local dollars to tackle housing needs across the city.
The plan, the second year of Raleigh’s 2026–2030 Consolidated Plan, lays out how the city expects to spend from July 1, 2026, through June 30, 2027. City officials estimate roughly $4.5 million in federal formula grants will back the work, with additional support from the local "Penny for Housing" program and other city funds. The goal is straightforward: expand affordable housing, prevent homelessness, and shore up supportive services for residents on the brink.
Council adopted the Annual Action Plan for fiscal year 2026-27. This plan shows how we will use federal and local dollars to increase affordable housing options, prevent and reduce homelessness, and increase housing stabilization and supportive services. https://t.co/RJlwuZHUMw https://t.co/sET90QbDF3
- City of Raleigh (@raleighgov) May 5, 2026
What the Plan Will Fund
The Annual Action Plan zeroes in on three strategic goals: increasing affordable housing options, preventing and reducing homelessness, and expanding housing stabilization and supportive services.
For the housing side, the city is targeting production of about 308 new rental units in that single fiscal year. On the ownership front, 27 households are slated to receive homebuyer assistance, and six existing homeowners are expected to receive rehabilitation help. On the services and shelter side, the plan anticipates everything from hundreds to thousands of shelter stays, outreach contacts, and rapid-rehousing interventions, according to the City of Raleigh.
Council Adoption and Public Input
Before the plan got its final green light, city staff hosted multiple public meetings in March and followed up with a formal public hearing in April. Only after that tour of community input did the draft return to Council for a vote.
Council approved the plan at its May 5 meeting. The adoption is recorded in the City of Raleigh agenda and staff materials for that date, and the city publicly announced the vote on X.
What’s Next and How to Get Help
With Council sign-off in hand, staff now move to finalize the document and submit it to HUD as Raleigh’s formal application for CDBG, HOME, and ESG funding. After that federal box is checked, the city will start contracting with subrecipients and putting local dollars to work.
The draft notes that the public comment period closed on April 15 and identifies the Housing & Community Development Department as the lead contact for questions. Residents looking for more information or assistance can reach HCD at [email protected] or 919-996-4330, per the City of Raleigh.
