CHARLOTTE, NC – Units at the Rivergate Greene apartment complex in Steele Creek are hard to find. They are part of Charlotte’s limited affordable housing inventory.
Any new tenants living there like LaShonda Williams will tell you, it’s quite a process to catch one.
“I searched and it’s very, very difficult. The waiting list is out of this world, ”said Williams.
It is not an unusual story. City leaders have been trying to tackle the problem for years.
Rivergate Greene is just one of 11 affordable housing projects approved to use Charlotte’s Housing Trust Fund money in 2018.
Three years later, people like Antwon Logan have a safe and affordable place to call home.
“There aren’t too many affordable home complexes so I feel really lucky and blessed to be here,” Logan said.
Logan is on a fixed income and said there were limited options. Anyone living in the complex cannot earn more than 30-60% of the median income.
For a family of six in a three-bedroom apartment, it’s $ 58,140.
Although this project started in 2018, since then the company has said it can hardly meet demand.
With rent prices rising and wages stagnating, the regional manager of Woda, the parent company of Rivergate Greene, said they were inundated with applications.
“More than 500 people and more are interested. I just wish we had more units available, ”said Mika Dennard.
Woda has just started construction on another affordable housing complex in North Charlotte, near the Northlake Mall. They are also looking for a property in University City.
Williams is convinced it will go quickly too.
“I lucked out on this one,” Williams said.
Officials said the application process could be lengthy. Hopeful residents should be prepared to apply months before a possible move-in date.