Top
 

 

membership-top.jpg
 
 

GIVING BACK

Working together to improve affordable housing in the Carolinas

 
 

Members of the Carolinas Chapter of the CREs have a strong commitment to their communities and believe in sharing their real estate expertise to improve the places where they live and work.

 

Chairman’s Letter


 
 
 

Affordable housing is a pressing national concern, but it’s critical in Charlotte and the greater Carolinas region.

According to the National Low-Income Housing Coalition’s 2017 report, every major metropolitan area in the US has a shortage of affordable and available rental homes. Growth in low-income households from 2000 to 2015 has outpaced production of housing units affordable to them.

Affordable housing is defined as housing costs – including utilities – of no more than 30 percent of an individual’s or family’s income. Cost-burdened households are those paying more than 30 percent for housing costs, and insecure households spend more than 50 percent of income on housing or are experiencing homelessness. 

The people who need affordable housing include essential workers. They are customer service agents, who make a median hourly wage in NC of $15; healthcare aides ($10 an hour); retail sales associates ($10 an hour); and food prep workers ($8 an hour). 

 Increasing the supply of affordable housing is of vital importance to all of our communities.  Building, broadening, and sustaining affordable housing requires a commitment from all involved. In addition to leading the Carolinas Chapter of the CRE, I serve on the board of Community Link, a non-profit whose mission is to enable individuals and families to obtain and sustain safe, decent and affordable housing. Given the Carolinas Chapter’s talented and skilled membership, I know we can contribute significantly to ensuring families have access to affordable housing in our communities.

I look forward to collaborating with everyone on this important topic.

- Geoffrey Curme

 
1.jpg

34,000+

AFFORDABLE HOUSING UNITS NEEDED IN CHARLOTTE TO MEET DEMAND

$21,000

INCOME OF AREA FAMILIES MOST IN NEED OF AFFORDABLE HOUSING

2,373

HOUSEHOLDS AT RISK OF FORMAL EVICTION EACH MONTH FY 2015-2016

2

NUMBER OF FULL-TIME JOBS A WORKER EARNING MINIMUM WAGE MUST WORK TO AFFORD RENT

103

NUMBER OF HOURS REQUIRED AT MINIMUM WAGE TO AFFORD A 2BR APARTMENT

4,598

NUMBER OF STUDENTS IN MECKLENBURG COUNTY IDENTIFIED AS HOMELESS

*sources: MecklenburgHousingData.org, Charlotte Magazine

 
 
 
 
 

Interested in working together to improve affordable housing in the Carolinas?

 
 
background-01.png