Property Owners
Your Property can Change Lives
No one entity can solve the affordable housing challenge in the Lake Noman area. It will take the public, private and non-profit sectors working together to make a difference.
We are Seeking Property Owner Partners
The Lake Norman Community Development Corporation is seeking property owners of rental units in the area to help provide housing through our Rental Bridge Program. To partner, the property owner agrees to accept a rent assistance check monthly from the Lake Norman CDC on behalf of the renter. It’s that simple.
The Tenants
Qualified tenants who earn between 50% and 100% AMI and live in the Lake Norman area, signs a rental lease as usual and participates in a financial coaching program to help move them forward towards homeownership or other financial milestones. The rental assistance and financial coaching program is for one-year with an option for a second year renewal.
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Vacancy Protection
The property owner retains a renter, avoiding turnover costs.
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Renter Quality
The tenant is engaged in a financial and career coaching program.
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Citizenship Award
As a property owner, you are participating in an affordable housing solution with no reduction in rent revenue and will be acknowledged as a partner at appropriate venues.
Interested in Becoming a Partner in the Rental Bridge Program?
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To learn more about how you can change lives by partnering with the Lake Norman CDC, please contact us.