Rezoning from R-5 to M-I Approved for 45-Unit Affordable Housing Project

• When: 2025/10/20
• Address: 279 Phifer Avenue
• City: Charlotte
• State: NC
• Category: Affordable Housing
• Subcategory: Affordable Housing Development
• Asset Class: Multifamily
• Property Type: Affordable Housing
• Size (AC): 1.5 AC
• Size (Units): 45 Units
• Size (Dollars): $12.5 million
• New Zoning: M-I
• New Zoning Description: Permits a mix of residential, office, and retail uses with a focus on integrating new development into existing neighborhoods. Max density 45 units/acre, max height 3 stories.
• Previous Zoning: R-5
• Previous Zoning Description: Allows for single-family detached homes on lots of at least 5,000 square feet.

The Charlotte City Council approved a petition by The Housing Partnership (THP) to rezone approximately 1.5 acres at 279 Phifer Avenue from R-5 (Residential Single Family) to M-I (Mixed Use Infill). This rezoning allows for the development of a 45-unit affordable housing project within a three-story building. The units will target individuals and families earning 30-80% of the Area Median Income (AMI), offering a mix of studio, one-bedroom, and two-bedroom layouts. The approval includes conditions: a minimum of 80% of units must be affordable at 60% AMI or below for at least 30 years, a $50,000 contribution to the City's Affordable Housing Trust Fund, a pedestrian connection to an adjacent public park, and a building design incorporating brick or stone on at least 50% of the facade. The project aims to integrate high-density affordable housing into an established neighborhood.

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