Charlotte, N.C., encourages workforce housing in affluent areas

02/19/2013 | Charlotte Observer (N.C.), The

The City Council in Charlotte, N.C., has approved a "density bonus" policy for developers who build workforce housing in wealthier parts of the city. The bonus would allow for construction of more units than current zoning laws allow, as long as some of the units are for lower-income residents. The program targets people who earn 60% to 80% of the area's median income. The city wants to see more affordable housing mixed among market-rate housing.

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Charlotte Observer (N.C.), The

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