NHC Endowment Wants Public Input on Affordable Housing Strategy
The New Hanover Community Endowment is set to host a public meeting to discuss its newly unveiled Affordable Housing Investment Strategy. This event will take place on June 26th from 5:30-7pm at the GLOW Academy, located at 4100 Sunglow Drive, and will also be available for viewing on Spectrum channel 13 and via livestream. The meeting aims to share the endowment’s strategy, showcase the work of its partners, and host a community listening session for audience questions.
Event Details:
- Date and Time: June 26, from 5:30 to 7 p.m.
- Location: GLOW Academy, 4100 Sunglow Drive
- Viewing Options: In-person attendance, Spectrum channel 13, livestream
Affordable Housing Investment Strategy:
At the end of May, the New Hanover Community Endowment unveiled its Affordable Housing Investment Strategy, allocating up to $19 million to support both existing and future housing programs. This strategy is designed to address the affordable housing crisis in New Hanover County through several key initiatives:
- Supporting Existing Housing and Preventing Displacement: The strategy emphasizes maintaining current affordable housing and preventing displacement of residents.
- Facilitating Production of New Affordable Housing Units: By investing in the construction of new affordable housing, the endowment aims to increase the availability of homes for low-income families.
- Exploring a Capital Impact Program: The endowment is considering the creation of a capital impact program to fund future housing projects, ensuring long-term solutions to the housing crisis.
Community Engagement:
The public meeting will not only provide an overview of the endowment’s strategy but also highlight the work of their partners in addressing affordable housing needs. Following the presentation, there will be a community listening session where attendees can ask questions and provide feedback. This session is an opportunity for residents to engage directly with the endowment’s leadership and contribute to the ongoing dialogue about housing solutions in the area.
Why This Matters:
The Affordable Housing Investment Strategy represents a significant commitment to addressing the housing challenges faced by many residents in New Hanover County. With a substantial investment of up to $19 million, the New Hanover Community Endowment aims to make a tangible impact on housing affordability, stability, and availability. This initiative is crucial for fostering a more equitable and sustainable community, where all residents have access to safe and affordable housing.
Conclusion:
The upcoming public meeting is a critical moment for the New Hanover Community Endowment and the community it serves. By sharing their strategy and opening the floor to community input, the endowment is taking a transparent and collaborative approach to solving the affordable housing crisis. Community members are encouraged to participate, whether in person, on Spectrum channel 13, or via the livestream, to learn more and have their voices heard.
