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Celebrating the Impact of the Charlotte Housing Opportunity Investment Fund

(December 8, 2023) Charlotte, NC.

We extend our heartfelt gratitude to everyone who attended the Charlotte Housing Opportunity Investment Fund (CHOIF) reception and dinner at the Foundation for the Carolinas. Your unwavering support has been instrumental in our mission to provide affordable housing for over 1,500 Charlotte families.

Attendees included members of the LISC Charlotte team, LISC CEO Michael Pugh, and other Charlotte community members.

The Success of CHOIF I

CHOIF I has been a tremendous success, quickly allocating funds to 11 developments throughout the city. This initiative has doubled the creation or preservation of affordable units that the City’s Housing Trust Fund could support. These developments not only provide essential housing but also offer supportive services such as digital connectivity and literacy, community health workers, programs for children, and virtual health clinics.

Reflecting on these accomplishments, we acknowledge the urgent need for continued support. With a pipeline of developments ready for investment, CHOIF II aims to address the growing demand for affordable housing in Charlotte. Your ongoing partnership is crucial to maintaining this momentum and making a lasting impact on our community.

Witnessing the Impact: Abbington at Mount Holly

During the event, we shared a video showcasing the experiences of residents at Abbington Mount Holly, a 102-unit mixed-income multifamily housing development. This development, funded with a $1.775M investment from CHOIF, is managed by CAHEC Management Inc. and offers 100% affordable housing at or below 80% AMI.

The video highlighted the transformative power of affordable housing, as residents eagerly shared their stories. Their narratives underscored the importance of providing safe, welcoming homes that empower individuals and families. The confidence and positivity these residents exhibit are a testament to the profound impact of CHOIF’s efforts.

Looking Forward with CHOIF II

The future of CHOIF is bright, and we are excited to continue our mission in Charlotte. We invite you to join us in this journey.

To learn more about CHOIF click here.


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