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Charlotte Housing Trust Fund could run dry soon

Charlotte’s biggest source of funding for affordable housing projects could soon run dry, as a City Council committee voted Wednesday to move forward with its biggest-ever round of new projects. It’s the latest step in the city’s push to create or preserve 5, 000 affordable housing units over three years, a goal City Council voted to adopt in the wake of the Keith Scott shooting and subsequent unrest last year. City staff said Wednesday that the city is almost halfway to that goal, though the total includes rehabilitated residences and down payment assistance for homebuyers, in addition to brand-new affordable units . The allocations from Charlotte’s Housing Trust Fund that the committee voted to move forward with Wednesday will provide financing for 769 new, income-restricted apartments in five buildings, though the projects also need approval for federal low- income housing tax credits . The aggressive approach to spending could build more apartments faster, but it will leave...

Saxony Apartment Building

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Quizzes Lists Topics Save The Saxony Apartment Building is a historic apartment building in Cincinnati, Ohio, United States. Located along Ninth Street in the city's downtown, [1] this five- story brick building includes a distinctive range of architectural details. Among these elements are brick pilasters and projections, a three- story bay window on each side of the symmetrical main facade , semicircular balconies , and many stone pieces, such as pediments, keystones, and stringcourses. Due to its location at the intersection of Ninth and Race Streets, the Saxony appears to have two fronts: one onto each street. Although the Ninth Street facade is larger and more complex, the Race Street facade is nevertheless ornate as well: it features small yet elaborate semicircular balconies with wrought iron railings similar to those of the Ninth Street facade . [2] Constructed in 1891 according to a design by leading Cincinnati architect Samuel Hannaford , [1] the Saxony Apart...