Habitat for Humanity of Charlotte, Inc.

Charlotte,
NC
(2020)

Habitat for Humanity of Charlotte, Inc.

Affordable Housing

Investment

NMTC Amount: $3,300,000
Total Project Cost: $5,961,596

IMPACT

18 construction jobs

CDEs

USBCDE

Investor

US Bank

Project Description

This project will utilize NMTC financing to acquire, renovate and sell 28 affordable homes to families with low incomes. The QALICB recently celebrated serving its 2,000th family locally through new homes, repaired homes, rehabilitation of existing homes and expanded financial literacy options.

MAP

Address: 3815 Latrobe Drive, Charlotte, NC 28211

Census Tract: 37119002300

Other North Carolina Projects

Jones County School

Trenton,
NC
(2017)

Community, Public School, Schools

CDE(s): AMCREF Community Capital, Bluehub

The construction of a new K-12 public school for the public school district of Jones County, North Carolina.

Habitat for Humanity of the Charlotte Region

Charlotte,
NC
(2021)

Affordable Housing

CDE(s): Habitat for Humanity

Charlotte Region Habitat used NMTC financing to substantially finance the vertical construction of single-family detached homes built on 16 previously acquired infill sites scattered throughout distressed areas in the City

RES – Magnolia

Magnolia,
NC
(2013)

Historic Rehabilitation

CDE(s): Brownfield Revitalization

Revolution Energy Solutions LLC headquartered in Washington DC decided to install anaerobic digesters and a CHP plant to convert pig manure into usable energy on a larger pig livestock farms

Carmichael Building

Durham,
NC
(2013)

Adult Education, Business Development, College or Vocational Training, Community, Healthcare, Incubator, Manufacturing, Research

CDE(s): CAHEC, Telesis CDE Corporation, Urban Research Park CDE, USBCDE

A former Liggett and Myers tobacco warehouse in Durham, NC, the Carmichael Building, is now home to lab, research, and office space for Duke University's Molecular Physiology Institute.