AFFORDABLE FOR WHO?
When you walk in your front door, you look around and you know you're home. You have a roof over your head, a place to store your belongings, and a home where you create memories with loved ones. But not everyone in Charlotte has a home, and many who do can't afford it.
Charlotte is one of the fastest growing cities in America: in fact, the U.N. recently projected it will be the fastest growing area in the U.S. through 2030. The cost of renting or buying a home has skyrocketed, and many can't keep up.
Our city needs an additional 24,000 units of affordable housing to meet the current need, which means more than 55,000 Charlotteans don't currently have an affordable place to live. That's three quarters of the Panthers stadium.
The City of Charlotte has a Housing Charlotte Framework that focuses on expanding the supply of, and preserving existing, quality affordable housing, and supporting family self-sufficiency. That being said, the City can't do this work alone. Government, nonprofits, businesses, and residents must all work together to address this need.