North Charlotte Today

CHARLOTTE, N.C.– On Monday, Charlotte City Council approved the use of $3.5 million from the Coronavirus State and Local Fiscal Recovery Fund to preserve 100 affordable units at Brookhill Village Apartments. Mecklenburg County approved an additional $3.5 million investment during its July 6 Board of County Commissioners meeting, bringing the total public investment to $7 million.  

The city’s investment will fund the ground lease acquisition through 2049 and renovations for the 100 affordable units. The proposed interior and exterior renovations will include: 

• New heating and cooling units.
• Roof repairs or replacement.
• Floor refinishing or replacement.
• Storm doors and windows.
• New kitchen appliances and bathroom fixtures.
• Interior and/or exterior painting where needed.
• Other repairs as needed (e.g., insulation improvements).

Built in 1950, Brookhill Village Apartments was developed as a 418-unit development on approximately 35 acres along South Tryon. Most on-site buildings have since been demolished leaving 100 housing units on approximately nine acres.

How the units will be preserved

City funding is contingent upon the developer keeping the 100 units affordable for the duration of the ground lease.

• Seventy-eight of the affordable units are currently occupied (“legacy households”), primarily by families at 30% of the Area Median Income or below. Rents will remain at affordable levels for all legacy households, so long as they remain in the Brookhill Village affordable units, through the end of the ground lease in 2049.
• Twenty-two of the affordable units are vacant and will be part of The Harvest Center’s transitional housing program through 2049. The Harvest Center, a local non-profit organization focused on individuals and families experiencing non-chronic, situational homelessness, will create and manage an on-site transitional housing program for low-income individuals and families experiencing homelessness.
• Thirty-nine legacy units will be transferred to The Harvest Center’s transitional housing program as residents leave those units voluntarily. The remaining 39 units will be maintained as affordable rental units for households high-income in the 30% to 80% area median income range.

The 100 affordable units will remain affordable to households earning less than 80% of the area median income through 2049.

The Harvest Center will also fund the construction of an administrative office and community resource center on the Brookhill Village property. Wrap-around services provided by The Harvest Center will be available to all Brookhill Village residents. 

Original source can be found here