CHARLOTTE, N.C. — An affordable-housing developer out of Lexington, Kentucky, will make its market debut here with a project breaking ground this month in east Charlotte.
[Special Section: Affordable Housing Crisis]
Winterwood, in a joint venture with Charlotte-based Lumina Partners, will develop a 168-unit project off Barrington Drive and Milton Road, near the intersection of Sharon Amity Road and East W.T. Harris Boulevard. All apartments will be affordable to renters earning 60% of the area median income, said Zach Worsham, chief operating officer at Winterwood.
Read more here.
The project is expected to break ground within two weeks, he said.
This browser does not support the video element.