The Charlotte-Mecklenburg Planning Department will hold a meeting at 6 p.m. today on creating incentives to build more affordable multifamily housing in Charlotte.
The meeting will be held in Room 280 of the Charlotte-Mecklenburg Government Center, 600 E. Fourth St.
City planners and members of a citizens advisory group are expected to attend.
Once created, the incentives are expected to become part of the city’s “inclusionary housing initiative.” Inclusionary housing means affordable housing for lower-income residents.
The city and the advisory group have already crafted incentives aimed at enticing single-family developers to include affordable housing in their projects. One of those incentives allows developers to increase the density of a development by up to three units in residential zones R-3 through R-6. Another allows for a variety of housing types, such as duplexes and triplexes, to be included in a development.
The inclusionary housing proposal, which will include the incentives for multifamily and single-family developers, could be presented to the Charlotte City Council by June for its approval.