Grand opening program Thursday at 10 a.m.
WHAT: Charlotte Mecklenburg Housing Partnership, Inc. (“DreamKey Partners”) is celebrating the opening of its newest property, The Mulberry Senior Living Apartments, a 104-unit affordable active senior living community located in West Charlotte on Tuckaseegee Road. The new development, which was partially funded by a $300,000 grant from The Home Depot Foundation for affordable veterans’ preference units, will promote economic mobility and access to opportunity for seniors and senior veteran residents. Elected officials as well as housing advocates and community leaders will play a role in the grand opening program and residents will be available for interviews. Speakers include:
- Julie Porter, DreamKey Partners
- Mayor Vi Lyles, City of Charlotte
- Phanalpine Rhue, City of Charlotte
- Congresswoman Alma Adams, U.S. Congress, District 12
- LaWana Mayfield, Charlotte City Council, District 3
- Thomas Hendrick, The Home Depot
- Pam Wideman, City of Charlotte’s Housing & Neighborhood Services Department
- Scott Farmer, North Carolina Housing Finance Agency
- Art Fleming, FHLBank Atlanta
Financing partners are The Home Depot Foundation, FHLBank Atlanta and North Carolina Housing Finance Agency.
WHEN: Thursday, May 23, 2019, at 10 a.m.
WHERE: The Mulberry Senior Living Apartments, 5945 Tuckaseegee Road, Charlotte, NC 28208
WHY: Baby boomers are now, or will soon be, entering the 65-plus age bracket. In Mecklenburg County, this age bracket makes up about 10 percent of the population and continues to rise quickly, bringing the affordability of senior housing to the forefront. Often times, low-income seniors are unable to live independently, but cannot afford the general expensive retirement communities. While already a vulnerable population on their own, finding housing as a veteran senior is even more difficult. Forty-thousand U.S. veterans are homeless on any given night, while several million others live with service-connected disabilities. The goal of The Mulberry Senior Living Apartments is to address these issues by providing affordable homes for seniors and senior veterans that will allow them to age-in-place without the threat of displacement. In addition to the 21 veterans’ preference units, the development will also include 21 units for residents earning at or below 30 percent of Charlotte’s area median income (AMI), leaving the remaining 62 units for residents at or below 60 percent of AMI.