Overview
In 2013, the Charlotte City Council approved the Community Investment Plan (CIP), a comprehensive program for capital improvement projects across the city over the ensuing decade. The plan specified improvements to transportation corridors and neighborhoods and building workforce housing. Funding for the CIP comes primarily from issuing bonds with the approval of city voters. Below are the results of past bonds referenda in the planning cycle:
2014 |
2016 |
2018 |
2020 |
|
| Total package amount | $146MM |
$218MM |
$223MM |
$197MM |
| Results: | APPROVED |
APPROVED |
APPROVED |
Vote YES |
| Streets | 70% |
77% |
69% |
|
| Neighborhoods | 71% |
78% |
73% |
|
| Housing | 63% |
70% |
68% |
On November 3, voters will consider the fourth bond referendum to fund the CIP, totaling $197.2 million. If approved, these funds will continue to:
- Upgrade and enhance streets, bridges, sidewalks and bikeways ($102.7 million)
- Build housing for low- to moderate-income individuals and families ($50 million)
- Improve infrastructure in the city’s older neighborhoods and emerging high-growth areas ($44.5 million)
Learn more about the bonds, click on the icons.
