DHIC Receives $100,000 Grant from Capital Bank

Team members from Capital Bank and DHIC

We are excited to announce that we have received a $100,000 community development grant from Capital Bank in support of our mission to bring affordable housing options to individuals and families in the Triangle.

Said Laura Bunn, Capital Bank’s Triangle Market President, “Housing affordability is a significant challenge facing our growing region, and we are honored to support the work that DHIC does to strengthen our neighborhoods through its affordable housing initiatives.”

The grant will directly support the DHIC Homeownership Center, specifically helping to expand our down payment assistance program, which provides resources to families to help them overcome the financial barriers involved with the first-time homebuying process.

“Capital Bank has been a valued partner for more than ten years and we are pleased that they have joined us in this effort to sustain resources and create housing and economic opportunities in the communities we serve,” said Gregg Warren, president of DHIC.

Read Capital Bank’s full press release about the grant here.