City of Charlotte Makes Progress on Affordable Housing Goals

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Less than one year after Charlotte City Council reaffirmed in the Community Letter the council’s commitment to the expansion of affordable housing, the city announced Monday that it has achieved 44 percent of council’s goal to create 5,000 affordable housing units in three years.

There have been 2,219 affordable housing units completed and committed from January 2016 to August 2017, Housing and Neighborhood Services Director Pam Wideman reported Monday during a special City Council meeting. Affordable housing is defined as the occupant paying no more than 30 percent of his or her gross income for gross housing costs, including utility costs.

Additionally, City Council will consider approval of Fiscal Year 2018 Housing Trust Fund requests during the Sept. 25 council meeting that would add 769 more affordable housing units, bringing council to 60 percent of its goal. The City of Charlotte’s Housing Trust Fund was created in 2001 to provide gap financing to affordable housing developers through a competitive Request for Proposal process. To date, the city’s Housing Trust Fund has financed more than 6,000 units.

In January 2016, the City Council committed to providing 5,000 affordable housing units in five years. City Council’s Community Letter, issued on Oct. 3, 2016, reaffirmed and expedited the council’s commitment to the expansion of affordable housing through the creation of 5,000 units within three years.

Other Items

Councilwoman Ivory formally sworn in as District 2 representative

Councilwoman Carlenia Ivory was formally sworn in on Monday night during council’s business meeting. Ivory will represent District 2, which encompasses Uptown Charlotte in the Northwest District of the city, including the Third and Fourth wards.

On July 24, Ivory was unanimously selected by the Charlotte City Council to fill the District 2 seat vacated by Al Austin.

Ivory is known throughout Charlotte for her volunteer efforts and community activism. Ivory secured $250,000 from the Junior League of Charlotte to develop initiatives to make education a top priority in the Double Oaks community. Ivory also led efforts to raise funds for the construction of Oaklawn Recreation Center, now renamed the Ivory-Baker Recreation Center.

Ivory is a recipient of the Dr. Martin Luther King Jr. Keeper of the Dream Award and the Order of the Long Leaf Pine Award, one of the highest honors given by the state of North Carolina, for her efforts to improve education and promote family involvement in schools.

Council approves business investment grant for Allstate 

City Council voted to approve the city’s share of a Business Investment Grant to Allstate Insurance Company for a total estimated amount of $741,539 over five years.

On Aug. 9, Allstate Insurance Company announced its selection of Charlotte for a capital investment of $34.7 million to expand and establish a major regional operations center in Charlotte.

In addition to the capital investment, Allstate has committed to a minimum of 2,000 jobs to be hired locally over five years, with an average wage of $46,813, as well as 1,444 current employees in Charlotte to be retained for the term of the grant.

Council approves airport strategic business plan 

City Council voted to approve a contract with Innovat International Inc. to develop a strategic Airport Parking Business Plan and provide consulting services for a five-year term.

The Aviation Department seeks to complete a Parking Business Plan in order to better understand how to effectively manage, expand and modernize the airport in a way that benefits the customer experience and promotes additional revenue growth.

The plan will focus on the following components:

  • Airport parking management best practices
  • Passenger experience
  • Technology use and product definition
  • Fee structure and parking model integration
  • Promotion and marketing strategies.

 

For additional information about Monday’s council meeting, visit www.charlottenc.gov.

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