Three Private-Sector Approaches to Preserving Affordable Housing in the Carolinas
December 09, 2019 by The traditional approach to providing housing for lower-income Americans, primarily through government or nonprofit initiatives funded publicly, is facing challenges amid a growing affordable housing crisis in the United States. This article highlighted some alternative economic models to provide affordable housing being done by 3 organizations. Jon Grzyb, CEO of Conrex, discussed their focus on creating rental housing by purchasing single-family homes. The Lotus Campaign, led by Philip Payne, focuses on creating affordable housing for homeless individuals in Charlotte, NC. Don Oglesby, CEO of Homes of Hope, echoed the theme of leveraging personal attention and stable housing to foster economic mobility.