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City of Charlotte Passes Source of Income Policy

On July 11, 2022, the Charlotte City Council passed a policy that requires affordable and market rate developers (including master developers/third-party developers) receiving any City-provided subsidies, financial incentives, or conveyances of real estate for the production of housing, infrastructure reimbursement incentives (i.e. Tax Increment Grants, etc.) from the  City of Charlotte to accept Housing Choice Vouchers (Section 8) and/or other rental subsidies. Click here to review the policy.