Charlotte voters have approved the City’s three 2026 bond measures, supporting an unprecedented $425 million investment in affordable housing, transportation and neighborhood improvements throughout the city. The bonds package will not require a property tax rate increase.
“Charlotte voters sent a clear message that they believe in making sure this community continues to be a place where families can find housing they can afford, streets they can navigate safely, and the infrastructure required for a growing city,” said Charlotte Mayor Rob Harrington.
Charlotte has a long history of using voter-approved bonds to make infrastructure and community investments. Since 2014, voter-approved bonds have generated more than $1.4 billion in investment across housing, neighborhoods, road infrastructure and other critical needs.
The three approved bond measures provide:
- $125 million for affordable housing to preserve and create safe, affordable housing for households with low and moderate incomes through public, private and nonprofit partnerships.
- $280 million for transportation to improve existing roadways through resurfacing, sidewalk connections, and other projects that improve safety and mobility.
- $20 million for neighborhood improvements to support projects such as sidewalks, drainage, streets, lighting and public spaces.
Throughout the campaign, Yes for Bonds focused on a simple message: Charlotte’s continued growth requires continued investment in the infrastructure and neighborhoods residents rely on every day.
The city has budgeted to repay the 2026 bonds and the planned 2028 and 2030 bonds with no proposed or planned tax increase, as the city has structured its capital program to pay for voter-approved bonds within the existing tax rate.
“These strategic investments are about creating opportunities, improving connectivity and making Charlotte stronger for the next generation. We thank Charlotte voters for saying yes to a brighter future of our city,” explained Yes for Bonds Co-Chairs Shelly Cayette-Weston, President of Business Operations for Hornets Sports & Entertainment and First Vice Chair of the Charlotte Regional Business Alliance; Donovan Everett, President & CEO of D.A. Everett Construction Group and Liz Clasen-Kelly, CEO of Roof Above.
The bond package includes investments in transportation projects across Charlotte, including road, intersection, sidewalk, pedestrian safety and mobility improvements. Planned projects include:
- Eastway Drive and Shamrock Drive
- Ashley Road/Freedom Drive/Tuckasegee Road
- Bryant Farms Road
- Robinson Church Road
- Brown-Grier Road
- DeArmon Road
The affordable housing bond will support the preservation and creation of housing for low- and moderate-income households, while neighborhood improvement funding will support public infrastructure such as sidewalks, drainage, streets, lighting and public spaces.
