Our Impact
Making a difference in the lives of Veterans and the Charlotte community
The Challenge We're Addressing
At Anchor Point Developments, we're committed to combating the affordable housing crisis in Charlotte with a special focus on Veterans. Our mission of "continuing service to those who continue to serve" drives us to create meaningful impact through our coliving model and community-focused approach.
The statistics on veteran homelessness and housing insecurity are sobering, but they also highlight the opportunity we have to make a significant difference. By providing affordable, supportive housing options, we're working to ensure that those who served our country have a place to call home.
Veteran Homelessness Statistics
Veterans are 50% more likely to become homeless than other Americans
of the homeless adult population are veterans, despite only making up 7% of the general population
veterans were experiencing homelessness on a single night in January 2024 nationwide
of people experiencing homelessness in Charlotte-Mecklenburg are Veterans, higher than the national average of 7%
Veterans were experiencing homelessness in Mecklenburg County as of November 2023
decrease in veteran homelessness nationwide since 2010, showing that targeted efforts can make a difference
Risk Factors for Veteran Homelessness
Veterans face unique challenges that can increase their risk of experiencing homelessness:
- Post-traumatic stress disorder (PTSD) and other mental health challenges
- Substance abuse issues, often related to coping with service-related trauma
- Difficulty translating military skills to civilian employment
- Disrupted social networks and lack of support systems
- Physical disabilities and health issues resulting from service
- Challenges adjusting to civilian life after the structured military environment
Charlotte's Affordable Housing Crisis
estimated shortage of affordable housing units in Charlotte, with the gap widening
of rental units are priced at levels affordable to households earning less than 50% of the area median income
population growth in Charlotte since 2010, driving increased housing demand and prices
of houses sold for under $150,000 in Charlotte in 2024, making homeownership increasingly unattainable
unit shortage in units affordable and available to households under 30% of AMI in the Charlotte-Concord-Gastonia area
provides an innovative solution to address affordability while fostering community support
Most Affected Groups
The affordable housing crisis in Charlotte disproportionately affects certain populations:
- Veterans: Face unique challenges including combat-related trauma, geographic displacement, and disrupted social networks
- Low-Income Residents: Forced to spend a large portion of their income on housing, leaving little for other necessities
- Minorities: African American and Hispanic residents are more likely to be affected by housing insecurity
- Elderly Residents: Many on fixed incomes struggle to afford rising housing costs
Our Impact
Through our coliving model and veteran-focused approach, we're making a tangible difference in addressing both veteran homelessness and the affordable housing crisis in Charlotte.
Housing Impact
- Creating affordable housing units through our coliving model
- Prioritizing placement for Veterans facing housing insecurity
- Developing supportive communities that address isolation
- Preserving and improving existing housing stock
- Creating housing stability for vulnerable populations
Community Impact
- Connecting Veterans with support services and resources
- Creating employment opportunities through property development
- Revitalizing neighborhoods through thoughtful property improvements
- Building awareness of veteran housing challenges
- Demonstrating innovative solutions to the affordable housing crisis
Impact Stories
Michael's Story
"After serving two tours in Afghanistan, I struggled to find my footing when I returned home. The affordable housing options at Anchor Point not only gave me a stable place to live but connected me with other veterans who understood what I was going through. The community support has been invaluable in my transition to civilian life."
- Michael, Army Veteran
Lisa's Story
"As a single mother and veteran, finding affordable housing in Charlotte seemed impossible. The coliving community at Anchor Point has provided not just a home but a support network. My neighbors help with childcare, and the affordable rent has allowed me to save for our future while I complete my degree."
- Lisa, Navy Veteran
Our Partners
We collaborate with various organizations to maximize our impact and provide comprehensive support to Veterans and other residents.
Veterans Affairs
Connecting Veterans with benefits and healthcare services
Charlotte Housing Authority
Collaborating on affordable housing initiatives
Veterans Service Organizations
Providing specialized support for Veteran residents
Local Employers
Creating job opportunities for residents
Local Government
Working with community government to ensure Veterans access their entitlements
Mental Health Services
Offering counseling and support resources
Community Nonprofits
Collaborating on neighborhood initiatives and veteran benefit navigation
Join Us in Making an Impact
Whether you're a Veteran seeking housing, an investor looking to make a difference, or a property owner with a potential deal, we invite you to join us in our mission to combat the affordable housing crisis and support our Veterans.