Building a granny flat or tiny house in Charlotte, North Carolina? The city might spot you up to $80K.
Charlotte is taking a creative swing at its housing shortage by helping homeowners build small secondary homes — and paying them to keep rents affordable. Through the new Queen City ADU Program, residents can receive up to $80,000 in forgivable, interest-free financing to construct accessory dwelling units, or ADUs, on their properties. In return, the units must be rented at below-market rates to lower-income tenants. The initiative adds flexibility to Charlotte’s housing mix as home prices continue to outpace local incomes. Ryan Kushner with SmartCitiesDive has the full story.
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