Charlotte-Mecklenburg Housing Partnership

The Charlotte-Mecklenburg Housing Partnership (CMHP) needed financing to construct six single-family, affordable housing units in the Druid Hills neighborhood of Charlotte, North Carolina. Partners for the Common Good worked with Community Housing Capital to support CMHP’s project that will restrict three of the initial six residences to families at or below 80% of Area Median Income.

CMHP is a nonprofit housing development and financial corporation with a mission to expand affordable housing and promote stable neighborhoods for low and moderate-income families in North Carolina, South Carolina, and Georgia. CMHP is committed to continued collaboration with neighborhood partners, local government, and the private sector in promoting and developing economically integrated neighborhoods. Over 25 years, CMHP has counseled more than 17,000 moderate- and low-income families and supported more than 2,200 homeowners.

PCG partnered with Community Housing Capital to provide a $725,000 revolving loan to provide affordable single-family homes that will increase the long-term wealth and financial security of local families.

Address: 

Charlotte , NC
US

Participating Lenders: 

PCG Loan Amount: 

$362 500

Total Loan Amount: 

$725 000

Our NMTC Projects

Community Facilities, Healthcare, NMTC
Philadelphia, Pennsylvania
Impact Summary

$5 million NMTC allocation funds medical center for low-income Philadelphia seniors.

Participating Lenders:
None
Community Facilities, NMTC
Chicago, Illinois
Impact Summary

$6 million NMTC allocation helps build new small food business incubator in Chicago.

Participating Lenders:
None
Community Facilities, Education, NMTC
Little Rock, Arkansas
Impact Summary

$7 million NMTC allocation helps construct Little Rock charter elementary and middle school for 1,245 students.

Participating Lenders:
None

Pages