How proposed affordable housing funds will be spent in Charlotte

CHARLOTTE — The city of Charlotte laid out how it will spend affordable housing funds if voters approve them.

Charlotte voters will decide whether to authorize $100 million for affordable housing.

If approved:

• $35 million will go to rental units
• $25 million to homeownership
• $14 million to anti-displacement
• $9 million to shelters and supportive housing

The rest of the funds will go to pilot programs, emergency repairs, and land acquisition.

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