Charlotte City Council approved $5 million in funding for new affordable housing developments across the Queen City.
The first of two rental projects, Grounds for Change, will include 80 units along Park Road near Freedom Park. The second, Mallard at Sugar Creek, will consist of 60 units.
Habitat for Humanity would also develop two homeownership projects. The first is Legacy Vista — 12 affordable homes along Toddville Road in West Charlotte. The second is Little’s Landing — seven affordable units on Polk + White Road in Mallard Creek.
The money comes from City Council dipping into the Housing Trust Fund to create more options for renters and prospective home owners. It’s all voter-approved, city-funded housing on land owned by the city of Charlotte.
Editor’s note: As of Dec. 2021, the City of Charlotte allocated $218 million from Housing Trust Fund to go toward affordable housing.
