City of Charlotte $125 Million Housing Bonds Referendum
Source: er.ncsbe.gov
What does this measure do?
Supports: Housing Affordability
Lets Charlotte borrow $125 million to build and preserve housing for low- and moderate-income residents, including land purchases and related infrastructure. Property owners repay the bonds through city property taxes; the city says the plan needs no tax rate increase.
Proposed by: Charlotte City Council (bond orders and referendum resolution, Aug. 10, 2026)
The city's elected council. On Aug. 10, 2026 it held a public hearing and approved the borrowing plan. North Carolina cities need voter approval to borrow money paid back with property taxes.
Source: charlottenc.legistar.com
A YES vote means
The city can sell $125 million in bonds for affordable housing projects, repaid through property taxes.
A NO vote means
The city cannot borrow this money, and its affordable housing program shrinks or waits for other funding.
Sources: voteyesforbonds.com · cityviewnc.com
Source: cityviewnc.com