[10][11] When the subprime mortgage crisis hit, Carrfour, like other developers dependent on tax credits to finance construction, faced some of the most difficult challenges in its history Doug Mayer, VP for housing development at the nonprofit Carrfour Supportive Housing, said its Dr. Barbara Carey-Shuler Manor rental project was delayed by a year because it could not secure the low income tax credits that it had qualified for.
[12]Funding through the American Recovery and Reinvestment Act of 2009 enabled Carrfour to successfully navigate the financial crisis and experience the most rapid growth in the organization's history.
[13]As demand for affordable housing and construction jobs rises, Carrfour Supportive Housing is putting federal stimulus dollars to work by purchasing a distressed apartment complex in North Miami Beach with plans to renovate and deliver 56 low-cost units in 2012 ... All told, Miami-based Carrfour was granted $17 million of the $89 million that has been directed to Miami-Dade County through the NSP2 program.
[15]In June 2016, Carrfour launched Coalition Lift, a $6.5 million Miami-Dade County, Florida project to "house 34 chronically homeless men and women, while also conducting research to prove that doing so is far less expensive than leaving them on the streets."
[16] In August 2016, Carrfour secured financing to develop, build and operate South Florida's first supportive housing community that will significantly serve gay, lesbian, bisexual and transgender seniors.
Three years later, the proposal won unanimous support from the City Commission to create "12,346 square feet of retail space and 130 affordable housing units" within The Pride Center at Equality Park's five-acre campus.