Housing Impact LLC, through its Ascent Housing division, is a pioneering force in the preservation and creation of naturally occurring affordable housing (NOAH) in Charlotte, North Carolina. Established with a mission to combat housing insecurity, the company leverages strategic partnerships and innovative financing solutions to preserve quality housing in areas at risk of gentrification. Since its inception in 2019, Ascent Housing has successfully managed to secure over $250 million, resulting in the preservation of nearly 2,000 housing units targeted for households earning 0-80% of the Area Median Income (AMI).
Ascent Housing serves as a co-founder and operating partner of the Housing Impact Fund, playing a crucial role in structuring rental subsidies and public policy tools aimed at aiding the most vulnerable populations. The company's efforts have introduced new rental subsidies for households at or below 30% AMI, significantly impacting community well-being in Charlotte and surrounding areas.
The team at Ascent Housing brings together experienced professionals dedicated to addressing affordable housing crises through various innovative strategies. Their collaborative work with local governments, lenders, and supportive service providers focuses on creating stable housing solutions while ensuring that the properties they manage remain affordable for current and future residents.
Ascent Housing is committed to improving the quality of life for its residents, championing resident-centered services, and fostering a stable living environment. Their comprehensive approach not only works to prevent displacement but also invests in the long-term viability of the neighborhoods they serve. Through their commitment to social impact and community engagement, Ascent Housing has carved a significant niche in the multi-family industry, emerging as a leader in advancing the cause of affordable housing.
