The Lasalle at Lincoln Heights 2120 LaSalle Street, Charlotte, NC 28216 / 60 units
NHPF purchased this 60-unit, senior LIHTC property in Charlotte, NC in 2017 from a struggling Community Development Corporation in order to stabilize and upgrade the property. NHPF plans to move forward with a second-phase, $20 million redevelopment of LaSalle which will include the addition of 58 rental townhomes and duplex units around the property as well as rehabilitation of the existing senior building.
Pines at Carolina Place 12600 Windy Pines Way, Pineville, NC 28134 / 200 units
The Pines at Carolina Place is located in Pineville, the largest and arguably best suburb of Charlotte, North Carolina. Situated on ten acres with 389 parking spots, its 200 garden-style apartments offer one-, two-, and three-bedroom units. Apartment features include balconies, patios, walk-in closets and central AC. The Pines at Carolina Place has exceptional access to top-rated public schools, healthcare providers, shopping/dining options and employment hubs. Pines at Carolina Place consists of 36 one- bedroom units, 116 two-bedroom units, and 48
three-bedroom units. All units were financed through the Low Income Housing Tax Credit Program. All of the current households are at or under 60% AMI, making them income-eligible for tax credits.
NHPF BUILDS NORTH CAROLINA
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