Affordable Housing Is Getting Harder To Build In Charlotte. What’s The Solution?

Why it matters:

City officials can’t build new units fast enough to solve the affordable housing crisis anytime soon. Charlotte needs a combination of strategies, from vouchers to adaptive reuse, to make a meaningful dent in our lifetimes.

Zoom out:

Last year, developers of nearly 900 affordable units who had previously received public money told Charlotte City Council they needed an additional $32 million to complete their projects. That’s more than the $23 million they had already received from the Housing Trust Fund.

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