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Renovation Report: New Hope Apartments (access required)

When Brenda Hayden first set her eyes on the foreclosed and defunct 22-unit apartment complex that Builders of Hope was considering transforming into an affordable-housing development in west Charlotte, one word came to mind: uninhabitable. Despite the squalor -- three people were squatting in the three blighted buildings on Rowan Street -- BOH bought the property in 2009 with a neighborhood stabilization grant from the U.S. Department of Housing and Urban Development, said Hayden, Charlotte-area director of BOH, which is based in Raleigh.

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Thinking small (access required)

house

With new apartment complexes popping up left and right in Charlotte, James McArthur wants in on the action. But don’t look for him to throw up a skyscraper of an apartment complex, at least not for the time being.

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