Friday, June 5, 2015

The Community Builders celebrates grand opening of mixed-income development

News from NHC's family of members
by Radiah Shabazz, National Housing Conference


NHC member The Community Builders recently celebrated the grand opening of The Lofts at Noda Mills, a mixed-income development in Charlotte, N.C. The Lofts were approved for a Community Development Block Grant in 2012. The project incorporates affordable housing into a restoration of the historic Mecklenburg Mill, built in 1903.

The newly renovated apartments boast Energy Star appliances, washers and dryers in every unit and high ceilings. The community also features a fitness center, a business center, a library, a sunroom and two community rooms. Another fun and added bonus is the community’s art loft, where residents can enjoy displayed artwork.  Studio, one- and two-bedroom apartments at the Lofts have monthly rents ranging from $500 to $775. 

“The Community Builders is tremendously proud of the redevelopment of this historic building,” Rob Fossi, who oversees the Mid-Atlantic region for The Community Builders, said in a press release. “The Lofts at NoDa Mills gave us the opportunity to partner with an extraordinary neighborhood in a flourishing city to bring a cherished community asset back to life, all while delivering quality housing at an affordable price in a vital, transit-oriented-development.”

When affordable housing is at the center of community revitalization, low-and moderate-income families can afford quality housing in amenity-rich communities. NHC’s 43rdAnnual Gala this Thursday at the National Building Museum honors two comprehensive community development initiatives that have helped low-income residents afford an improved quality of life, much like the Lofts at NoDa Mills will do for residents in Charlotte.


The 48-unit building, considered one of Charlotte’s most well preserved early textile mills, is now fully leased. 

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