4-story, 51-unit development with 1-,2-, and 3-bedroom apartments for individuals/households earning 30-80% of the AMI. Leased for 66-years.
Photo Credit: Affordable Homes and Communities
Project Size: 50+ Units
Completed: 2023
Cost: $14000000
Location: Charlotte, NC
Affordable Housing and Shelter on Faith Land Database
Sugaree Place
Project & Congregation Details
Congregation Information
House of Worship: Mayfield Memorial Baptist Church
Denomination: Baptist
Leadership: Rev. Peter Wherry
Community Development Corporation: Mayfield Memory Community Development Corporation
Location Information
State: NC
City: Charlotte
Geography: Suburban
Project Information
Approval: 2022
Completed: 2023
Cost: $14000000
Developer: DreamKey Partners
Social Services Provider: Hola Neighbor
Land: Leased
Housing Type: Affordable Rental
Funding
Local
City of Charlotte Housing Trust Fund - $2,000,000; American Rescue Plan Act funds - $1,000,000
Federal
Low Income Housing Tax Credits
Other
; Covenant Presbyterian Church