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Neighborhood Revitalization Initiative
(Above: a recently purchased foreclosed home)
Habitat Charlotte is not immune to the region’s economic woes. However, we are taking advantage of a unique opportunity this environment has created. In response to the downtown in the real estate market, Habitat Charlotte has strategically decided to purchase several vacant, foreclosed homes. Even factoring in necessary repairs, the total cost of purchasing these homes is significantly less than the cost to construct a new home.
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