Brick Capital Community Development Corp

Brick Capital Community Development Corp, a tax-exempt nonprofit community development corporation based in Sanford, North Carolina, operates as a federal grant recipient focused on homelessness intervention and housing stabilization services. The organization receives direct project grants from the Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development under the Continuum of Care (CoC) Program (CFDA 14.267) and serves as a sub-recipient on housing stabilization sub-grants flowing from North Carolina state agencies and nonprofit pass-throughs.

Brick Capital's federal footprint is concentrated in homelessness and housing services delivered through the CoC Program. Recent prime grants include a $1,429,418 project grant effective April 1, 2026 through March 31, 2027 for permanent supportive housing, rapid rehousing, transitional housing, supportive services, and Homeless Management Information Systems (HMIS) implementation across North Carolina; a $353,753 project grant for October 1, 2025 through September 30, 2026 for housing and support services in Sanford; a $315,218 project grant for October 1, 2024 through September 30, 2025; and prior-year awards in 2023 and 2024. Under all awards, Brick Capital delivers property acquisition and rehabilitation, rental assistance, case management, operating costs for supportive housing facilities, and HMIS coordination to serve homeless individuals and families while minimizing trauma and promoting self-sufficiency.

The organization's sub-recipient activity is substantially larger in award count. Brick Capital functions as a sub-recipient on 61 sub-awards, representing 91% of its federal footprint, primarily through the North Carolina Department of Health and Human Services on multiple instantiations of the Back@Home-Balance of State Program focused on housing stabilization services across multiple counties to reduce unsheltered and rural homelessness. A single sub-award from the North Carolina Housing Coalition in March 2025 positions Brick Capital to deliver homeowner prepurchase counseling services.

Customer concentration is absolute. HUD's Assistant Secretary for Community Planning and Development accounts for all 66 prime and sub-awards tracked in recent activity (covering 100% of awards by count). Combined potential value across all 67 awards stands at $27.8 million. Activity spiked in 2023 with 61 awards; subsequent years show minimal new awards (two in 2024, three in 2025, one in 2026), suggesting the bulk of Brick Capital's federal engagement concentrated in the 2023 sub-grant cycle. Two awards face ultimate completion within the next twenty-four months.