The Community Development Division is committed to making the City of Concord and its neighborhoods better places to live, work, and play. Through the efforts of this Division, the City strives to provide safe, decent, affordable housing, a suitable living environment and economic opportunities, specifically for low- and moderate-income individuals and communities. The City has several programs in place to accomplish this goal. These programs are federally funded through the Community Development Block Grant (CDBG) and HOME Investment Partnerships Act Programs.
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2025 Draft of the Five-Year Consolidated Plan for the Cabarrus/Iredell/Rowan HOME Consortium
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As part of its Housing and Urban Development (HUD’s) grant planning process, members of the Cabarrus, Iredell, and Rowan HOME Consortium will be providing a community needs survey for citizen input for the five-year and annual Consolidated Plans. Your input as community stakeholders will be vital in providing guidance in the use of community development funding in our communities. This involves many aspects of community development including affordable housing, adequate infrastructure, housing rehabilitation, fair housing, protection of the environment, enhancement of civic design, and economic growth. Community needs will be based on the following national objectives of Housing and Urban Development (HUD): 1) Benefit low- and moderate-income persons (80% of the local Area Median Family Income), 2) Prevention or elimination of slum and blight (vacant lots, abandoned buildings, and/or housesin dangerous shape with possible environmental contamination), and 3) Urgent need (crisis, emergency, and those in risk of homelessness).
The strategy must also provide decent housing, provide a suitable living environment, and expand economic opportunity. All interested citizens will be invited to attend one of the in-person public input hearings to be presented from: 9:00 a.m. to 10:00 a.m. and 4:30 p.m. to 5:30 p.m. on Thursday, September 4, 2025, in the City of Concord Council Chambers. *The Comment Period will run from September 5, 2025, thru October 10, 2025.
Click on the attached files below (in English and Spanish) for more details.
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Notice of Public Input Hearing for HUD Consolidated Plan
Aviso de audiencia de opinión pública para plan consolidado HUD
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Every five (5) years, the City of Concord is required to submit a Consolidated Plan to the U.S. Department of Housing and Urban Development (HUD) to describe the overall planned uses for all of the funding allocations that are received during this time period. The City of Concord submits this Plan on behalf of the Cabarrus/Iredell/Rowan HOME Consortium, which includes the City of Concord, Cabarrus County, Iredell County, the City of Kannapolis, the Town of Mooresville, the City of Stateville, and Rowan County. There are also three (3) community housing development organizations (CHDOs) that are part of the Consortium. The City of Concord is required to post the draft of the Consolidated Plan prior to submitting the Plan to HUD for approval. Please view the draft by clicking the image below to view the Fiscal Year 2025 - 2029 Consolidated Plan. After the Plan is approved by HUD, the final version will be available for review. Click on the image below to see the full Plan.
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► Federal Grant Programs
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EVENTS/NEWS/Announcements
Events
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The Annual Meeting for Lenders-October 28, 2025, 10:00 a.m. - 12:00 p.m. & The Annual Meeting for Realtors-October 28, 2025, 2:00 p.m. - 4:00 p.m. |
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The City of Concord’s Planning & Neighborhood Development Department has partnered with Prosperity Unlimited, Inc. again this year to offer an Annual Meeting for Lenders and an Annual Meeting for Realtors.
As a direct recipient of funding from the U.S. Department of Housing and Urban Development, the City is committed to sharing information through educational events to enhance and inform others about the importance of Fair Housing laws and practices with the ultimate goal of improving our local communities.
We are very fortunate that Ms. Louise Mack, the President & CEO of Prosperity Unlimited, Inc., has agreed to be our presenter for this event again this year. Ms. Mack is recognized locally and nationally as an advocate for housing and fair lending practices, and she has received several awards throughout her career.
The topics to be discussed are outlined below:
- An overview of Fair Housing laws, including laws that apply to real estate transactions.
- Available state and local resources for down payments and closing costs.
- Guidelines and requirements for homebuyers to qualify for assistance.
- Deadlines to secure the additional resources.
To register for the Annual Meeting for Lenders, click the following link:
concordnc.gov/LendersMeeting
To register for the Annual Meeting for Realtors, click the following link:
concordnc.gov/RealtorsMeeting
For more inforamtion about these events, contact Alicia Broadway at (704) 920-5137 or via email at broadwaya@concordnc.gov.
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News
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HUD and Census Bureau Report New Residential Sales in August 2025
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On Septemer 26, 2025, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the new residential sales statistics for August 2025. Sales of new single-family houses in August 2025 were at a seasonally-adjusted annual rate of 800,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 20.5 percent (±21.8 percent)* above the July 2025 rate of 664,000, and is 15.4 percent (±25.1 percent)* above the August 2024 rate of 693,000.
The seasonally-adjusted estimate of new houses for sale at the end of August 2025 was 490,000. This is 1.4 percent (±1.3 percent) below the July 2025 estimate of 497,000, and is 4.0 percent (±5.2 percent)* above the August 2024 estimate of 471,000. This represents a supply of 7.4 months at the current sales rate. The months' supply is 17.8 percent (±16.2 percent) below the July 2025 estimate of 9.0 months, and is 9.8 percent (±17.2 percent)* below the August 2024 estimate of 8.2 months. The median sales price of new houses sold in August 2025 was $413,500. This is 4.7 percent (±7.3 percent)* above the July 2025 price of $395,100, and is 1.9 percent (±9.1 percent)* above the August 2024 price of $405,800. The average sales price of new houses sold in August 2025 was $534,100. This is 11.7 percent (±9.5 percent) above the July 2025 price of $478,200, and is 12.3 percent (±10.3 percent) above the August 2024 price of $475,600.
The September report is scheduled for release on October 24, 2025. View the full schedule in the Economic Briefing Room. The full text and tables for this release can be found here. Click the title to learn more.
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HUD Hosts Historic Innovative Housing Showcase, Underscores Commitment to Harnessing Innovation to Reduce Housing Costs |
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On September 19, 2025,the U.S. Department of Housing and Urban Development (HUD) hosted its annual Innovative Housing Showcase on the National Mall welcoming more than 5,000 people, including policymakers, industry leaders, media, and members of the public. Themed, “The American Home is the American Dream,” the showcase commemorated America’s 250th birthday in partnership with the America250 Initiative, and spotlighted private sector innovation driving the American Dream of homeownership. “Homeownership is central to the American Dream,” said Secretary Turner. “A home is much more than just four walls and a roof. It’s much more than just a financial investment. It is the foundation upon which Americans build lives of independence, empowerment, and self-sufficiency. These bedrock American values have defined us since the founding of our great nation and turned our country into a beacon of prosperity and hope.” Click the title to learn more.
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HUD and Census Bureau Report New REsidential Sales in July 2025 |
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On August 25, 2025, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the new residential sales statistics for July 2025. Sales of new single-family houses in July 2025 were at a seasonally-adjusted annual rate of 652,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 0.6 percent (±15.5 percent)* below the June 2025 rate of 656,000, and is 8.2 percent (±14.0 percent)* below the July 2024 rate of 710,000.
The seasonally-adjusted estimate of new houses for sale at the end of July 2025 was 499,000. This is 0.6 percent (±1.2 percent)* below the June 2025 estimate of 502,000, and is 7.3 percent (±5.7 percent) above the July 2024 estimate of 465,000. This represents a supply of 9.2 months at the current sales rate. The months' supply is virtually unchanged (±16.7 percent)* from the June 2025 estimate of 9.2 months, and is 16.5 percent (±19.0 percent)* above the July 2024 estimate of 7.9 months. The median sales price of new houses sold in July 2025 was $403,800. This is 0.8 percent (±5.9 percent)* below the June 2025 price of $407,200, and is 5.9 percent (±8.5 percent)* below the July 2024 price of $429,000. The average sales price of new houses sold in July 2025 was $487,300. This is 3.6 percent (±8.0 percent)* below the June 2025 price of $505,300, and is 5.0 percent (±8.6 percent)* below the July 2024 price of $513,200.
The August report is scheduled for release on September 24, 2025. View the full schedule in the Economic Briefing Room. The full text and tables for this release can be found here. Click the title to learn more.
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Announcements
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Reimagine McGill Survey Results
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In the fall of 2023, the City of Concord, in partnership with community organizations, sought residents’ input through a survey to help guide the decisions to determine how to redevelop the property that was purchased by the City on McGill Avenue, which is a major gateway between Western Concord and historic Downtown Concord. The City wanted to explore the concepts that would address a critical community need for greater access to fresh fruits and vegetables. The input from the community will help to guide the decisions for redevelopment on McGill Avenue. The survey results are now available for review. Please view the results below:
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