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A former Charlotte hotel has been converted into an affordable apartment complex and a phased move-in for 88 individuals is underway, the nonprofit Roof Above said Wednesday.. SECU The Rise on ...
The Charlotte City Council voted Monday to spend $20.26 million from the Housing Trust Fund and another $3.38 million in federal money to help pay for more than 600 affordable units.. The council ...
Cities like Charlotte, Concord and Gastonia, throughout North Carolina and South Carolina, continue to attract new residents due to their growing tech and financial sectors and affordable housing ...
Compounded with the effects of the Great Recession, this led to a national housing crisis, with market-rate rents becoming unaffordable to middle- and lower-income families in many major American cities. LISC offices responded to the crisis by working to preserve affordable housing and prevent displacement. [41] [42] [43]
In Charlotte, 15,352 units were added last year, which is double the average number of units added per year between 2015 and 2019, Chuck McShane, CoStar’s director of market analytics, said.
She received endorsements from Harvey Gantt the first Black Mayor of Charlotte, and Hugh McColl former CEO of Bank of America. [13] [14] During her tenure on city council, Ajmera played an integral role in securing the funding and neighborhood support for the St. John's Place affordable housing development. [15]