CHARLOTTE, N.C. — Developers building near the light rail could receive incentives for building affordable housing.
The Charlotte City Council is discussing zoning changes that would allow developers to build taller buildings in exchange for a commitment of affordable housing units.
[SPECIAL SECTION: Affordable Housing Crisis]
The city may also allow developers to pay a fee for the housing trust fund per additional square foot or donate land to get perks. The City Council will hold a public hearing on the changes in the coming weeks.
Read more top trending stories on wsoctv.com:
- Ardrey Kell player suspended, accused of using racial slur ahead of playoff game
- Man charged in slaying of Charlotte cellphone repair store owner back in NC
- ‘He punched me so hard’: Woman recounts attack outside South End CVS
- FORECAST: Temps plunge across Carolinas as big blast of cold air moves in
- $1.5B jackpot winner reflects on 'act of kindness' before buying winning ticket
Cox Media Group