What is DHIC?
DHIC is a prominent real estate development firm based in downtown Raleigh, North Carolina. The company specializes in creating and rehabilitating affordable rental apartments and homes for sale, primarily serving the greater Research Triangle area. Beyond development, DHIC actively engages in providing essential homebuyer education and advisory services, aiming to facilitate homeownership for first-time buyers. Their comprehensive approach to community development and housing solutions positions them as a key player in addressing regional housing needs.
How much funding has DHIC raised?
DHIC has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in DHIC
PPP
Public-Private Partnership
What's next for DHIC?
The recent major strategic investment signals a pivotal moment for DHIC, likely enabling the organization to scale its operations, expand its development pipeline, and potentially broaden its geographic reach within the Research Triangle region and beyond. This capital infusion is expected to fuel further growth in affordable housing initiatives and enhance its capacity to serve a larger number of families through its development and homebuyer services. The company's focus on late-stage funding suggests a mature operational phase, poised for significant expansion and impact.
See full DHIC company page
