Jury says developer broke pledge to build affordable housing
CHARLOTTE — A North Carolina jury says a developer broke promises to build affordable housing on land purchased at below market value in a historically black neighborhood.The Charlotte Observer reported Thursday on the lawsuit between developer StoneHunt LLC and the Cherry Community Organization in Charlotte. The lawsuit says the group sold land at below market value to Stonehunt, which agreed in 2004 to build affordable housing for senior, disabled or low-income […]
