What is DHIC?
DHIC is a prominent entity based in downtown Raleigh, dedicated to developing affordable housing solutions. The company has a substantial track record, having constructed or renovated over 2,300 affordable rental apartments and 400 homes for sale across the greater Research Triangle area. Furthermore, DHIC actively supports aspiring homeowners through its homebuyer education and advisory services, assisting close to 400 first-time homebuyers annually. This commitment to community development and accessible housing defines its market presence.
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?
With the recent strategic investment, DHIC is poised to further expand its impact in the affordable housing sector. The large-scale late-stage funding suggests a focus on scaling operations, potentially increasing the number of housing units developed and the reach of its homebuyer assistance programs. This capital infusion will likely enable DHIC to tackle larger projects and innovate within its service offerings, reinforcing its role as a key player in addressing housing needs within the Research Triangle region and beyond.
See full DHIC company page
