By Mecklenburg Times staff reports
Published: November 18,2011
Two groups in Charlotte have won federal funding to build affordable housing for low-income people with disabilities. On Wednesday, the U.S. Department of Housing and Urban Development announced it had awarded $20.3 million to fund housing for low-income seniors and people with disabilities in North Carolina. The funding is from HUD’s Sections 202 and 811 [...]
By The Associated Press
Published: November 15,2011
PHOENIX — The Obama administration’s top housing official touted the government’s efforts to stabilize neighborhoods hard hit by foreclosures during a visit to a Phoenix neighborhood Thursday. U.S. Housing and Urban Development Secretary Shaun Donovan visited two homes bought out of foreclosure, rehabilitated and put back on the market for sale to families by a [...]
By The Associated Press
Published: November 12,2011
NEW YORK — The federal government sued one of the nation’s largest privately held mortgage brokers this month, saying its decade-long fraudulent lending practices cost the government hundreds of millions of dollars and forced thousands of American homeowners to lose their homes. The lawsuit in U.S. District Court in Manhattan sought unspecified damages and civil [...]
By Sam Boykin, staff writer
Published: November 12,2011
The Obama administration rolled out revisions to a program last month designed to prevent some homeowners from going into foreclosure. But many question the Home Affordable Refinance Program’s effectiveness and say that it’s too narrow and limited to make an impact on the housing market. Others go so far as to say it could do [...]
By Sam Boykin, staff writer
Published: June 3,2011
The Charlotte area could soon see two more historic textile mills undergo a facelift and go from vacant to back in use. Plans are under way to restore and renovate Mecklenburg and Johnston Mills, NoDa properties that have been eyesores for years. In April, after a bidding war that lasted more than two months, the [...]
By Mecklenburg Times staff reports
Published: March 24,2011
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 [...]
By Sam Boykin, staff writer
Published: March 10,2011
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 [...]
By Sam Boykin, staff writer
Published: March 10,2011
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 [...]
By Tara Ramsey, staff writer
Published: October 12,2010
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 [...]
Sign up today to receive The Mecklenburg Times’ free E-Alerts and be the first to read breaking news.
Sign up or manage your alert.
