The Charlotte Housing Authority has a new chief executive officer who started work this month, and here’s the first thing construction companies might want to know: Fulton Meachem says the money is tight.
The Charlotte Housing Authority secured two low-income housing tax credit deals worth $42 million this week. The money was from the U.S. Department of Housing and Urban Development’s Capital Fund Financing Program. The funding is earmarked for the rehabilitation of two existing senior properties, Strawn Tower and Parktowne Terrace.
Charlotte architect David Furman was inside a room of dozens of developers and builders who city officials had asked to get together to discuss the master plan for uptown. It was the late 1990s, uptown was still growing in starts and fits and 1st Ward, along the eastern quadrant, was a “dangerous ghetto,” Furman said. [...]
The U.S. Department of Housing and Urban Development has awarded the Charlotte Housing Authority $48,233, HUD said today. The funding is part of $1.5 million awarded to public housing agencies in North Carolina to help low-income families get job training and become self-sufficient. Funded through HUD’s Housing Choice Voucher Family Self-Sufficiency Program, the grants allow public housing [...]
When David Furman started looking in 2001 for a site for McCreesh Place, he discovered that no other single room occupancy developments existed in Charlotte. Furman, owner of Charlotte-based David Furman Architecture, would go on to spearheaded Charlotte’s first and — so far — only SRO. Axiom Architecture, where Furman is principal, designed the 63-unit [...]
Dale Mullennix hopes to break ground this month on a real estate project that is a rarity in Charlotte. It will be an apartment building designed to house the most vulnerable homeless people in the city. The project, Moore Place, is what’s known as a single room occupancy residence, a multitenant building that contains between [...]
Nine months after the Charlotte Housing Authority won a $20.9 million HOPE VI federal grant last summer to redevelop one of the city’s oldest public housing projects, the demolition of Boulevard Gardens is nearly complete. Plans for the redevelopment, dubbed Boulevard Homes, call for 227 mixed-income family units — which consist of very low-income, work [...]
In Charlotte, affordable housing has lately been at the fore of the “What role should government play?” debate. When voting for bond proposals Nov. 2, residents showed support for the city’s efforts to provide affordable-housing units. But the $15 million for affordable-housing projects was also the most contested of the bonds package OK’d by voters, [...]
49,053 renter households in Mecklenburg County are in need of affordable housing, while the supply of affordable housing in the Charlotte area is expected to decline in the next 20 years, according to a study that will be presented to the Charlotte City Council at Monday’s council workshop. The study, prepared for the Charlotte Housing [...]
According to the Out of Reach 2010 report from Washington, D.C.-based National Low Income Housing Coalition, more than 40 percent of renters in Charlotte cannot afford the fair-market rate for a two-bedroom rental unit. The report says a Charlotte renter must earn $15.50 an hour to afford the fair-market rate — $806 — for a [...]