A new development is bringing 180 affordable homes to residents in Charlotte, North Carolina.
Developed by The NRP Group, Sundale Flats comprises three four-story residential buildings with surface parking. The development, which serves residents earning up to 80% of the area median income, also has a freestanding community building with a leasing office.
Floor plans feature two-, three-, and four-bedroom apartment homes with wooden cabinetry, walk-in closets, full-size washer and dryer connections, dishwashers, and more. Shared amenities include a fitness center, a clubhouse and community lounge, a business center, a playground, an outdoor grill and picnic area, an on-site laundry room, and on-site parking.
Officials recently held a ribbon-cutting ceremony for the property.
“Providing the residents of Charlotte with more quality affordable rental housing has been a top goal for the city as demand continues to rise,” said Shawn Heath, Housing & Neighborhood Services director for the city. “Sundale Flats, NRP’s eighth community in Charlotte, will directly satisfy that need with conveniences and amenities that enable residents and families to thrive and experience the best of Charlotte. The community is the latest example of NRP’s thoughtful and tailored approach to affordable rental housing and their ability to cater to the priorities of Charlotte residents.”
The new development is just five stops north of Uptown and close to the Old Concord Station on the LYNX Blue Line light-rail system. Residents also enjoy convenient access to a 16-foot wide, multiuse path connecting the community to a larger network of trails. The multiuse path will be part of the 26-mile Cross Charlotte Trail that stretches across the region.
“The need for affordable housing in Charlotte has only grown more acute as a result of the city’s primary location in a buzzing Sun Belt growth market,” said Jason Mochizuki, vice president of development at The NRP Group. “We’re honored to help meet that demand with Sundale Flats, a community that will provide families with seamless access to Charlotte’s submarkets like Uptown and University City, employment opportunities, retail, dining, and more.”
Local and regional partners, including the city of Charlotte, North Carolina Housing Finance Agency, Inlivian (formerly known as The Charlotte Housing Authority), and Bank of America, provided financing for Sundale Flats. Community Housing Resource Partners is the project’s nonprofit development partner.