Hotel Charles in downtown Shelby, NC

Development Finance Initiative

Development Finance Initiative

Transformative projects for North Carolina communities

DFI Logo

The Development Finance Initiative helps local governments attract private investment for community-driven real estate projects.

Building across North Carolina

Since 2011, DFI has:

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Worked on more than 250 projects
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Partnered with local governments in 78 North Carolina counties
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Taught 22 semesters of graduate courses on community revitalization
DFI projects have generated more than $1 billion in private investment to support local community development goals.

Project solicitations

Explore our developer solicitations for opportunities to partner with a local government.

  • Picture of Webbley Mansion

    Webbley Mansion Redevelopment Opportunity

    Shelby, NC

    Closes: March 27, 2026

    Accepting Proposals

  • Hotel Charles in downtown Shelby, NC

    Hotel Charles Redevelopment Opportunity

    Shelby, NC

    Closes: March 27, 2026

    Accepting Proposals

  • DFI_Kannapolis_Solicitation5.21

    Townhouse Development Opportunity

    Kannapolis, NC

    Closed

  • Final-City-of-Salisbury-Kesler-Mill-Redevelopment-SDP_2025_Compressed-1

    Kesler Mill Affordable Housing Opportunity

    Salisbury, NC

    Closed

Case studies