Reagan Drive Initiative

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Raised: $0.00 $5,500,000.00
Heal Charlotte is raising $5.5M to continue transforming the Reagan Drive Corridor. The formal campaign will launch in July of 2020. This capital campaign will be used to acquire and upfit a motel on Reagan Drive that has been a nuisance to the community. Heal Charlotte will convert this motel into a mixed use transitional living complex. 
The complex will provide 100 transitional living homes at below market rate costs to help create financial stability for the families we serve. The complex will also act as a safe space and home base for the youth that Heal Charlotte engages daily. With this acquisition we will be tackling several systemic issues: affordable housing, education/ career training and development, and finally economic stability.
The Use of Funds for the capital campaign will fall into 3 buckets: 1) Real Estate Acquisition 2) Real Estate Development 3) Administrative Expensenses (this includes a contingency fund for operations and the ability to hire staff to be trained and ready to serve both our live-in and walk-on families). Please forward any capital campaign inquiries to Dr. Shante Williams, 704.726.7147 or Drwilliams@rwcapitalpartners.com.