Mecklenburg Housing Impact Fund
Sector: Residential • Location: Charlotte, North Carolina, United States
Source: Country 103.7
The Housing Impact Fund raised $225 million from private sources to purchase and renovate older housing units across Mecklenburg County. The goal is to preserve affordability and prevent displacement by keeping costs low for 20 years. The fund manages about 3,500 units serving around 5,000 people, with plans to cover another 1,500 units to reach 10,000 people. After the 20-year affordability perio
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | under management |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The Housing Impact Fund raised $225 million from private sources to purchase and renovate older housing units across Mecklenburg County. The goal is to preserve affordability and prevent displacement by keeping costs low for 20 years. The fund manages about 3,500 units serving around 5,000 people, with plans to cover another 1,500 units to reach 10,000 people. After the 20-year affordability period, impact-driven investors will be sought to buy or recapitalize the properties, with profits donated back to affordable housing in the county. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |