Open access to safe, quality and affordable housing is critical to our community's success. As Charlotte continues to grow, our city is committed to a plan for affordable housing that strikes the right balance between revitalizing and investing in our underserved neighborhoods and ensuring long-time residents can afford to live in these homes. Our Strategic Housing Plan is designed to create 5,000 workforce and affordable housing units over the next three years.
Council approved Housing Trust Fund allocations to multi-family tax credit developments for a total of $13,859,000 for nine developments, which will provide a total of 608 units toward the council goal of 5,000 units.
Council approved fund allocations for the Supportive Housing developments for a total of $1 million to St. Johns place for 32 units, and the Men's Shelter of Charlotte for 230 beds.