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Foundation For The Carolinas Receives $15M From Bb&t For Affordable Housing Campaign

by benzinga.com posted 1month ago 11 views
WINSTON-SALEM, N.C., April 2, 2019 /PRNewswire/ -- BB&T Corporation (NYSE:BBT) today announced a $15 million commitment to the Foundation For The Carolinas, which will be used for the Charlotte Housing Opportunity Investment Fund to support affordable housing in Mecklenburg County. The Charlotte Housing Opportunity Investment Fund is designed to lessen the growing affordability gap by developing housing that serves residents in a range of incomes – including moderate-, low- and extremely low-earning households. This includes multi- and single-family housing, workforce housing and multifamily rehabilitation projects.

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