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Crisis Assistance Ministry

The Charlotte-Mecklenburg

Housing Partnership

The Housing Partnership is now a broad-based, private, nonprofit housing development and finance corporation organized to expand affordable and well-maintained housing within stable neighborhoods for low- and moderate-income families in the City of Charlotte and Mecklenburg County with a continuing interest in the ability of occupants to more fully enter the economic mainstream.

Revitalization

Development

Education

Raquel Lynch, Director of Strategic Initiatives

What is our community doing?

Charlotte Family Housing

The Housing Partnership

Legal Services of Southern Piedmont

Affordable Housing in Mecklenburg County

Legal Services of Southern Piedmont

LSSP is dedicated to ending the debilitating cycle of poverty and helping local families gain the opportunity to build wealth and prepare for the future. And with many homeowners facing foreclosure and loss of property due to high-cost home loans; significant, unanticipated increases in original mortgage interest payments; drastic decreases in income due to increased unemployment; and a recessive economic environment, LSSP seeks to protect consumers from exploitative practices that can take away income, transportation and homes.

Chapter 7 and 13 Bankruptcy to preserve home ownership and home equity

Home financing and mortgage service disputes

Foreclosure defense

Charlotte Family Housing

The mission of Charlotte Family Housing is to empower homeless families to achieve long-term self-sufficiency through shelter, housing, support services and advocacy.

Interest-Free Microloans

Matched Savings Accounts

JumpStart Car Purchase

The Data

Jubilee Store

8,000 homeless individuals

128,435 living at the federal poverty level

46% of children in Mecklenburg County live in poverty

36% of families in Mecklenburg County are "asset poor"

The Social Cost

The aggregate social cost of failing to address Charlotte-Mecklenburg’s affordable housing needs may approach $50 million annually when considering public education, criminal justice, healthcare, and transportation costs.

  • Poor housing conditions affect not only the health status of residents, but also the education attainment of their children and the probability of criminal victimization.
  • The lack of affordable housing in close proximity to public transportation produces significant public costs. Public sector involvement to encourage the development of mixed-income housing near rail and bus transit is critical

Community disputes over where to locate low-income housing within the county are informed by the problematic perception that assisted low-income housing destabilizes otherwise stable neighborhoods.

Employment does not ensure that a family can afford housing in Mecklenburg County. The cost of a two-bedroom unit in Mecklenburg County comes at a high price to low wage earning single parents.

At an FMR of $757, a minimum wage earner must work 2.2 full-time minimum wage jobs, for 89 hours a week or pay 222% of their income for housing.

What does affordable housing mean?

  • Affordable housing is a dwelling that costs its occupant (renter or owner) no more than 30% of their gross monthly household income.
  • In Mecklenburg County the 2008 Living Income Standard (LIS), or cost of basic living expenses, is $41,7502 a year for a typical family of three

500-A Spratt St. Charlotte, NC | www.CrisisisAssistance.org

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