New NEST Commission aims to help solve Charlotte’s affordable housing crisis

CHARLOTTE — The city of Charlotte is taking another step on Monday to solve the Queen City’s affordable housing crisis.

City Council is expected to name its nominees for the NEST -- Neighborhood Equity and Stabilization -- Commission.

North Carolina Affordable Housing Resources

Council established the NEST Commission in August. It will be made up of a group of residents focused on protecting people from displacement caused by gentrification.

Each of the appointments is for a three-year term.

For years, Channel 9 has reported about historic neighborhoods like Cherry, Druid Hills and Double Oaks that are seeing an increase in new development -- pushing out once-affordable homes.

To fight that problem, the NEST Commission will appoint neighborhood leaders, housing advocates and people who’ve experienced displacement first hand.

Their goal will be to review and recommend anti-displacement strategies and tools to identify and help those who are most at risk.

The commission will also include developers and financial advisers to help with land use and urban planning.

ALSO READ: Surrounding counties not immune to Charlotte’s affordable housing crisis

The City Council strategy session starts at 5 p.m. at the Government Center.

Eyewitness News will keep an eye on what comes from the meeting and bring you any updates on Channel 9.

(WATCH BELOW: Millions proposed for affordable housing in Charlotte)