CHARLOTTE — Developers of single-family subdivisions in the city limits now have incentives to add houses affordable for low-income families to their developments — creating mixed-income neighborhoods — and a similar incentive for multifamily development is in the works. At ...Read More »
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NORTHWEST CHARLOTTE – Oakmont Homes, a Charlotte-based builder of affordable houses, will construct three new single-family homes in the Stone Creek subdivision, according to Mecklenburg County building permit records. Oakmont was awarded building permits last week (Nov. 21) to build ...Read More »
On Oct. 8, Todd Noell gave the Charlotte City Council some grim news. Noell, a consultant with Atlanta-based Noell Consulting, who was at the council meeting to present his company’s findings on the availability of affordable housing in the city, said Charlotte is woefully short on such housing.
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An incentive designed to boost affordable housing in the city by allowing developers to increase the density of projects is expected to go before the Charlotte-Mecklenburg Planning Commission for approval this year, the commission’s vice chairman said. But the incentive might not be enough, he said.Read More »
The city of Charlotte is considering changing its rules affecting the construction of affordable housing near transit stations. City officials say that the policy that 30 percent of a housing development built with city money be reserved for middle to lower-income residents is a pricey one for developers to comply with.Read More »