Rezoning Petition 2024-148 involves a request by CSE Communities, LLC to rezone approximately 2.6 acres located on the east side of Couloak Drive in Charlotte, NC. The current zoning of CC (Commercial Center, conditional) is proposed to be changed to CAC-1(CD) (Community Activity Center-1, conditional). The petition aims to facilitate the development of up to 80 multi-family stacked dwelling units. The project intends to be an affordable housing development, reserving a minimum of 70% of the units for households earning less than 80% AMI, utilizing Housing Trust Fund (HTF) financing. The petitioner has an 18-month period to secure HTF financing, after which, if unsuccessful, the site may develop under CAC-1 standards without the affordable housing commitment, except for certain prohibited uses. The site is a vacant portion of a tract developed with a financial institution and is located near shopping centers and public transit routes. Both staff and the Zoning Committee recommended approval, with the Zoning Committee voting 5-0 on March 4, 2025.