Habitat for Humanity of Charlotte, Inc.

New Markets Tax Credit Coalition

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

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CDE(s): Bank of America

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362 Depot Street

Asheville,
NC
(2009)

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Arts nonprofit uses NMTC for owned/managed office and retail space.

Weaver Street Market’s Food House

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(2008)

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CDE(s): Capital Impact Partners

A NMTC transaction supported the purchase and development of a third healthy food retail site, and to develop warehouse capacity that allowed the market to provide healthy, freshly-prepared foods to

Revolution Mill

Greensboro,
NC
(2011)

Community, Incubator, Mixed-use

CDE(s): Stonehenge Community Development

The redevelopment of the mixed-use, destination campus.