How a N.C. Community Foundation Is Marshaling Support to Create Affordable Housing

The Foundation for the Carolinas is taking the lead in addressing Charlotte’s shortage of affordable housing.

The foundation recently announced it has secured more than $30 million in matching funds for the Charlotte Housing Opportunity Investment Fund it started to help support a government-led effort to address the region’s housing shortage. 

The funds support a combination of new affordable housing construction, support for existing affordable housing infrastructure, and lowered interest rates, according to the foundation.

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