The National Low Income Housing Coalition reports that there are 326,751 extremely low-income households in North Carolina, but only 130,930 affordable rental homesPhoto: Getty ImagesThe New Hanover Community Endowment has launched an Affordable Housing Investment Strategy to allocate $19.1 million to support existing and future affordable housing in the coastal county. The investment is intended to mitigate the county’s ongoing affordable housing crisis by helping to facilitate the rehabilitation of existing properties and the construction of new affordable housing units. The investment strategy comes as reports show that 35% of households in New Hanover County are cost-burdened, which mean
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