Empowering Communities, Building Futures: Ascension’s Vision for Mixed-Income Development in Charlotte
Transformative Community Development
Where We Work: Our Community Footprint
Our strategy is ambitious yet straightforward: we aim to develop mixed-income communities that serve as thriving centers of wealth and economic opportunity, not just resilient but vibrant. To achieve this, we are integrating sustainable homeownership with comprehensive strategies that encompass business development, access to capital, financial literacy, job creation, and more.
At Ascension, our journey transcends mere bricks and mortar. We envision a holistic, market-based approach to community economic development. This entails:
Addressing issues of unattainable and inaccessible housing.
Alleviating household cost burdens.
Providing financial literacy and planning resources.
Combating social and economic immobility.
Our approach involves developing diverse-price point housing units that are indistinguishable from market-rate units, as well as facilitating essential homeownership counseling and financial literacy and planning. Additionally, we forge partnerships with organizations to execute comprehensive community economic development initiatives.
While Charlotte experiences rapid growth, it also grapples with significant challenges. Ascension is committed to tackling the housing shortfall and addressing the critical need for upward mobility, particularly among low-income African American families.
Funding Our Mission: A Diverse Approach
How do we fuel our mission? Through a blend of funding sources, including federal, state, and local support, financial institutions, philanthropists, impact investors, family offices, endowments, foundations, and grants. Every dollar is a step towards building stronger, more resilient communities.
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Transform Tomorrow—Join Us Today!
Together, we’re not just constructing homes but creating brighter futures.