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charlotte_zoning_meeting_minutes_october_2023.pdf

Penler Development Approved for Multi-Family Affordable Project

City of CharlottePENLER DEVELOPMENT LLCOctober 16, 2023

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Penler Development, LLC received City Council approval for rezoning land to support multi-family and affordable housing, with enhancements to Mount Holly Road and Creston Circle.

Contract Details

Vendor

PENLER DEVELOPMENT LLC

Agency

City of Charlotte, NC

Contract Type

OTHER

Document Date

October 16, 2023

Renewal Info

Petition revised after committee: affordable units provided instead of $125,000 Housing Trust Fund payment; 10 units (5 at 80% AMI, 5 at 120% AMI, minimum 15-year affordability).

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