Affordable Housing Impact

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Expanding Access to Homeownership

Through collaboration and capital, KSuite members are transforming the housing landscape:

  • Land Acquisition: In partnership with local churches, we’ve secured land to support over 500 new homes for families earning under 90% of the Area Median Income (AMI).
  • Construction + Sales: Built and sold 50 affordable homes to qualifying families.
  • Capital Investment: Raised a $30M impact land fund to fuel development of 500 new homes and supplied $12M toward construction.
  • Future Growth: Launched development of 100 new homesites, with $8M allocated and completion targeted for 2025.
  • Long-Term Vision: Secured $30M in capital to acquire and develop 500 homes over five years for families earning below 100% of AMI.
  • Homeownership Pipeline: Hosted workshops and built a pipeline of 1,500+ families preparing for homeownership.
  • CMS Teacher Pilot Program: Raised $450K to reward Charlotte-Mecklenburg Schools teachers with homeownership grants and support.

Increasing Affordable Rental Options

KSuite members are also investing in quality rental housing to serve low- and moderate-income residents:

  • LIHTC Apartments: Built and leased 150 apartments under the Low-Income Housing Tax Credit (LIHTC) program, serving families earning 60% of AMI.
  • More on the Way: Initiated construction of 208 additional LIHTC apartments.
  • Townhome Rentals: Contracted land for up to 85 "For Rent" townhomes, targeting families earning 70–80% of AMI.
  • Funding Future Projects: Secured capital (amount forthcoming) for additional LIHTC apartment development.

A Collective, Catalytic Impact

KSuite members are leveraging both public and private resources to create lasting change:

  • Unlocking long-term affordability.
  • Fostering mixed-income communities.
  • Serving as a catalyst for inclusive development across the region.

Together, we’re not just building homes—we’re building hope, stability, and opportunity for families who need it most.

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Housing + Economic Data Resources for Charlotte

Explore key tools and reports to better understand housing affordability, economic trends, and community needs in Charlotte and Mecklenburg County:

UNC Charlotte Urban & Regional Research

Key Reports from UNC Charlotte’s Belk College of Business

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Charlotte-Mecklenburg Dashboards + Government Data

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Homelessness + Housing Instability Reports

Local + National Perspectives

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