Charlotte-Mecklenburg Housing Partnership, Inc. (“DreamKey Partners”) dedicated The Stevenson Apartments, a 130-unit affordable rental development in the Brightwalk community. Named for political trailblazer and civic leader, Sarah Stevenson, the new development promotes economic mobility and access to opportunity for future residents. Located in the North End Smart District, The Stevenson rounds out DreamKey Partners’s commitment to rebuild and preserve housing affordability in the former Double Oaks neighborhood. Federal, state and local elected officials as well as housing advocates and community leaders played a role in the dedication program. Speakers included:
- Julie Porter, DreamKey Partners
- Alma Adams, U.S. Congress District 12
- Denise Cleveland-Leggett, U.S. Department of Housing & Urban Development
- Will Parry-Hill, North Carolina Housing Finance Agency
- James Mitchell Jr., Charlotte City Council
- Elyse Dashew, Charlotte-Mecklenburg Board of Education
- Bishop George Battle Jr., Little Rock AME Zion Church
Financing partners are Bank of America, North Carolina Housing Finance Agency and the City of Charlotte. Architectural and construction partners are Shook Kelly and RJ Leeper Construction.
Why?
According to recent studies, the City of Charlotte has a severe deficit of affordable housing for low- to moderate-income families. Additionally, last year’s Leading on Opportunity report found that housing stability is a key component of family stability. The goal of The Stevenson Apartments is to address these issues by providing affordable homes for working individuals and families like first responders, nursing aides, teachers and retail supervisors who earn 60 percent of Charlotte’s area median income.