Self-Help Community Development Corporation

In 2022, Self-Help Community Development Corporation operated affordable housing programs in three locations within North Carolina: Charlotte, Chapel Hill, and Rocky Mount. SHCDC undertook several affordable housing activities across these geographies: 1) SHCDC owned and operated affordable rental housing in Charlottes Grier Heights neighborhood, leasing 34 garden apartments to low-income tenants at the Grierton Square project. 2) In Chapel Hill, SHCDC managed the rehabilitation of properties held in a community land bank in the Northside neighborhood. SHCDC rehabbed 3 units that were sold to market rate buyers subject to owner occupancy deed restrictions and managed the process of securing a re-zoning and entitlements for the development of 4 units on a parcel sold to a nonprofit affordable housing partner. The Chapel Hill land bank also held 9 properties in various stages of the development process. ** See continue on next line 4b from below **

3) SHCDC continued its work on a portfolio of residential properties in Rocky Mount, starting 7 total rehabs of properties for affordable rental housing, 3 of which were completed in 2022, and selling 4 properties, which were a mix of vacant lots and vacant homes. By the end of 2022, 30 units in Rocky Mount were leased to low-income households, including 2 of the 3 completed rehabs.