20,167 loans and investments totaling $215.2 million in the district in 2022
Stories from the District
140 New Construction Senior Apts. serving 30%-80% AMI
Charlotte,
North Carolina
Community Housing Capital
DreamKey Partners, a leading nonprofit developer of affordable housing in Charlotte, North Carolina, has used $1,846,520 of its $13 million line of credit from Community Housing Capital to acquire a 6.3-acre site that will become the Johnston Oehler Senior Apartments. With low-income households currently priced out of Charlotte’s increasingly expensive rental market, the new construction project will create 140 apartments for seniors with household incomes from 30% to 80% area median income. The high-quality, new construction housing will offer an active lifestyle for the residents and a full-time professional property management staff that will serve onsite.
A Vital Service: Danny Wilson and Profile Building Services
Charlotte,
North Carolina
Carolina Small Business Development Fund
When Danny Wilson was growing up, his dad worked as a janitor at a church. Every weekend Danny would help his dad clean the church, and it’s where he learned both the value of hard, honest work and the importance of cleanliness.
For over 30 years, DreamKey Partners has worked to bring affordable housing to Charlotte, North Carolina. By expanding the availability of affordable homes through significant real estate development, homeownership programs, and community engagement, DreamKey builds and rehabs multi- and single-family homes, provides homeownership education, organizes lending and community engagement programs, and revitalizes neighborhoods.
Proceeds will fit out a 19,000 SF commericial kitchen for medically tailored meal production within a 90,000 SF food distribution facility, both of which address food insecurity for low-income people in Charlotte, NC.
Revitalizing Neighborhoods and Providing Senior Housing in Charlotte
Charlotte,
North Carolina
NeighborWorks Capital
Based in Charlotte, North Carolina, DreamKey Partners has a 33-year history of adapting to serve the changing needs of their community. After neighborhoods were demolished during the so-called “urban renewal” of the late 1960s, DreamKey provided the necessary revitalization work to successfully rebuild neighborhoods. The work continues today with its largest development – Brightwalk, a master-planned community providing affordable homes and economic development opportunities in north Charlotte.
