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Charlotte
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Affordable Housing Land Sale on Freedom Drive

Charlotte

Summary

The council approved selling city-owned land on Freedom Drive for a dollar to build at least 12 affordable for-sale townhomes. Council members raised concerns about monthly HOA fees impacting true affordability.

At a glance

Total mentions
0
Last 30 days
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Impact analysis

💰Financial impact

Conveyance of city-owned land valued at nearly $1 million for $1.

✅Who benefits

Low-to-moderate-income families seeking homeownership opportunities at 60% to 80% AMI.

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