
The Housing Trust Fund (HTF) is funded from voter approved housing bonds. Charlotte City Council established the HTF in 2001 to provide financing for affordable housing. Since that time, the HTF has financed 4,375 new and rehabilitated affordable housing units. Of that total, 2,409 were for people earning less than 30% of the area median income, or under $20,160 per year, making Charlotte more affordable for pre-school teachers, health-care aides, and workers in hospitality, retail and emergency services. The City of Charlotte has committed $86 million to the Housing Trust Fund.
The
Charlotte-Mecklenburg Coalition for Housing is responsible for making funding recommendations for the Housing Trust Fund.
For more information about the Housing Trust Fund, contact Zelleka Biermann at 704-336-2482 or
zbiermann@charlottenc.gov.