Affordable Housing

With eviction moratoriums set to expire in a few weeks, North Carolina renters and landlords worry about the future.

A new $14 million affordable apartment complex opening this week in south Charlotte will provide 81 units for senior citizens at below-market rents.

A Superior Court hearing has been set for the second week in January regarding the nearly $550,000 settlement reached between the former owner and manager of Lake Arbor Apartments and tenants. About 100 former tenants of the west Charlotte complex will share in the settlement if approved by the court. In a class action lawsuit, the tenants claimed that complex managers illegally collected rent despite being cited for numerous health and safety violations.

Roof Above has purchased an 88-unit hotel in southwest Charlotte that will serve as an emergency shelter for women and families this winter and transition to permanent supportive housing after renovations next summer.

An often-cited 2014 study by Harvard University researchers ranked Charlotte last for economic mobility among the 50 largest U.S. metro areas. Some of the same researchers have now taken a deeper look at Charlotte in a new report out this week. And while the numbers remain grim, the analysis also offers a road map to improvement.

A Charlotte City Council committee has agreed to consider updating the city's fair housing policy to protect people with criminal records from housing discrimination.

A lawsuit filed last week alleges that North Carolina courts are ignoring state and federal orders to limit evictions during the coronavirus pandemic.

The coronavirus pandemic may still be a drag on parts of the economy, but home sales remain hot in North Carolina and nationwide. Strong demand from buyers and a shortage of houses for sale have sent home prices through the roof.

A new private sector housing fund has raised $58 million to buy and preserve existing apartments in Charlotte as affordable housing. The goal is to buy 1,500 units over the next two years in gentrifying areas.

A new survey ranks Raleigh-Durham No. 1 and Charlotte No. 11 for expected growth in housing construction next year among the nation's 80 largest markets. Experts say it's being driven by a continued migration to the state.