• Council expected to approve $12M plan to fight affordable housing crisis

    Updated:

    CHARLOTTE, N.C. - Charlotte City Council members plan to greenlight a more than $12 million plan for the city's ongoing affordable housing crisis on Monday night.

    [SPECIAL SECTION: Affordable Housing Crisis]

    [PDF: Charlotte Affordable Housing Plan]

    Leaders have said the plan is all about helping some of the Queen City's most vulnerable people find an affordable place to live.

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    Recent Department of Housing and Urban Development data indicates the need for more than 21,000 affordable housing units for families at or below 50 percent of the median area income.

    [Priced Out of Charlotte and county-by-county resource guide]

    The city’s plan is based on nine key goals, including providing temporary rental assistance, increasing the supply of affordable rental housing, improving existing housing stock and providing opportunities for homeownership.

    Council is expected to move forward with the plan.

    Channel 9 will be at the meeting and will let you know what happens.

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