Those working to solve Charlotte’s housing shortage know each additional affordable unit is critical as population and needs grow.
The city of Charlotte calculated 32,000 units are needed to meet the needs of more than 50,000 Charlotteans who don’t have an affordable place to live. Since 2001, Charlotte has produced almost 11,000 units toward that goal through partnerships with nonprofits, developers and faith-based groups for residents who make below a certain percentage of the city’s median income.
Still, supply struggles to keep up with demand.
Read more: https://qcitymetro.com/2022/10/26/idea-for-charlotte-to-steal-nashville-developer-partners-with-housing-nonprofit/