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Charlotte, North Carolina’s Affordable Housing Success Story – xChats October 2019
In 2019, leaders in Charlotte, NC raised $100 million in capital for affordable housing projects. That included $50 million in housing bonds, approved by 69% of voters in Charlotte, and $50 million from private sector sources. This was an incredible achievement, one that organizations in Virginia took serious note of. What lessons can we learn from them to push us towards similar success?
Jeanne Bonds moderates public-private-philanthropic panel on how they created the Charlotte Affordable Housing Initiative.
Sponsored by Virginia Housing, Virginia Community Capital, and Atlantic Bay Mortgage Group.
Prof. Jeanne Milliken Bonds is a Professor of the Practice, Impact Investment, and Sustainable Finance at the Kenan-Flagler Business School at the University of North Carolina in Chapel Hill. Jeanne is a former Leader in Regional Community Development for the Federal Reserve Bank of Richmond. In her previous role, she provided leadership for strategic stakeholder collaboration and community-level solutions, focusing on low- and moderate-income and underserved communities.
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