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Affordable housing complex opens in historic Hidden Valley neighborhood

November 24, 2023
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An reasonably priced housing house complicated lately opened in northwest Charlotte. 

Sugaree Place Residences, positioned within the historic Hidden Valley neighborhood, was designed to alleviate the rising lease costs in Charlotte for low-income residents.

Building started in early 2022 and was accomplished this yr. Transfer-ins started in late September.

The $15 million undertaking was funded by DreamKey Companions, a nonprofit targeted on reasonably priced housing, in addition to town of Charlotte and different native organizations, resembling Covenant Presbyterian Church.

Land for the undertaking was leased from Mayfield Memorial Missionary Baptist at a low price for no less than 66 years, Porter mentioned, to assist guarantee rental affordability.

Julie Porter, president of DreamKey Companions, informed QCity Metro the reasonably priced neighborhood is simply a part of tackling the general reasonably priced housing disaster.

“Everyone knows that reasonably priced housing is in very brief provide in Charlotte,” Porter mentioned. “Particularly [in] our historically African-American neighborhoods in Charlotte.”

The residential growth affords 51 house items for tenants incomes between 30%  and  80% of the realm median revenue degree– between $19,800 and $52,000 for a household of 1. 

Porter mentioned lease relies on the tenant’s revenue and family dimension and ranges from round $400 to $1,100.  

The complicated incorporates a playground, picnic shelter, health heart, pc room and multipurpose neighborhood room for resident use.

Of the 51 items, 31 are already occupied.

One resident, Wanda Massey, 53, mentioned she has been having fun with the privateness of her new house.

In 2012, Massey was evicted from her dwelling. She mentioned she needed to depend on her family and friends in addition to space shelters for a spot to remain till she started residing in a lodge in 2020.

“I used to be [going] from completely different locations,  from the homeless shelter to completely different folks’s flats, flooring, couches,” Massey informed QCity Metro.  

Massey, who’s partially retired and works part-time at a fast-food restaurant, mentioned she lives on lower than $25,000 a yr. The eviction on her report has made it much more tough to search out reasonably priced housing in Charlotte, she mentioned.

“With an eviction, they shun you,” Massey mentioned. “It’s like, should you go to jail, you get a report, they shun you. I believe that’s the primary a part of plenty of homelessness and folks residing in lodges, due to [evictions.]” Massey mentioned. 

Massey says since shifting into the house complicated in September, she’s paying $600 much less on lease than what she was paying on the lodge. 

Due to the affordability, Massey mentioned she plans to resume her lease. 

“I plan on staying right here till I demise,” Massey mentioned. “I’m not going nowhere.”

These occupied with being placed on a waitlist for the complicated can apply on-line at www.sugareeplaceapts.com.



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