The Community Development Division is unique within the City of Raleigh because it is primarily federally funded. The Federal government requires that these funds are spent responsibly and benefit low-and moderate-income residents. Every year the Community Development Division produces an Annual Action Plan to show how federal monies will be spent in the coming fiscal year. The Consolidated Annual Performance and Evaluation Report (CAPER) is a yearly report to the US Department of Housing and Urban Development demonstrating how federal funds are spent.
The City is committed to creating 570 affordable housing units a year for the next 10 years. There are four programs the Community Development Division uses to meet this goal. The programs provide assistance with homeownership, neighborhood revitalization, creation of rental developments, and provide owner occupied loans in order to bring homes up to proper living standards.