Charlotte may have cracked the code on affordable housing. Here's how

A real estate investor has led the charge in creating a Housing Impact Fund in Charlotte, NC, to preserve affordable housing. The housing it seeks to preserve is not considered public housing but it does serve those who make less than the area’s median income. This type of housing is known as Naturally Occurring Affordable Housing (NOAH) and can be profitable over a longer period of time while simultaneously providing a service for the rapidly growing city.

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