OUR STORY

The milestones of our impact over time.

Housing Act of 1949
Congress defined the goal of the National Housing Policy as “a decent home and suitable living environment for every American family1949
Incorporation
NC Fund incorporates and begins operationsJuly 13, 1963
Approval
Low Income Housing Development Corporation approved for funding by Office of Economic Opportunity and NC FundAugust 1, 1966
Filings
LIHDC Articles of Incorporation filed with NC Secretary of StateSeptember 20, 1966
First Board Meeting
First LIHDC Board meeting – John H. Wheeler, President, Walter (Bob) Smith, Executive DirectorDecember 10, 1966
First Project
First multi-family project placed in service – RICH Park Apartments, Raleigh, NC1968
New Projects
Incorporated Non-Profit Housing and Community Develoment Corporation to undertake development projects not allowed under the LIHDC charter.  (Later changed the name to Community Research and Development Corporation) March 24, 1972
Re-Location
Moved from Raleigh/Durham to Charlotte1989
Dean Edwards
Dean Edwards hired as Executive Director
August 16, 1989
Hurricane Hugo
Hurricane Hugo ripped through LIHDC offices in uptown Charlotte – destroying much of the written history of the organizationSeptember 22, 1989
Pungo Village
Our first project funded with Low Income Housing Tax Credits (LIHTC)
1991
NC Association of Housing Counselors
Organizing meeting for training program to promote the availability and quality of housing counseling in NC.March 9, 1995
HUD Award
HUD – Technical Assistance Award – Expertise in Capacity Building and Outstanding Performance1998
Special Recognition
Federal Home Loan Bank – Special Recognition Award – Strengthen Affordable Housing and Community Development1998
Camellia Court Recognized
Housing North Carolina Award for Achievement in Affordable Housing – Camellia Court1999
White Rock Gardens Recognized
HUD Secretary’s Commendation – White Rock Gardens2000
Name Change
Name change from LIHDC to The Affordable Housing Group of North Carolina, Inc.August 2000
The Bungalows Recognized
Housing North Carolina Award for Achievement in Affordable Housing – The Bungalows2001
Award of Excellence
Fannie Mae Foundation – National Maxwell Award of Excellence in Affordable Housing Design – The Bungalows2002
Partnership Excellence Award
Federal Home Loan Bank – Partnership Excellence Award for Partnerships – The Bungalows2002
Jim Pritchett
Jim Pritchett hired as Executive DirectorSeptember 1, 2003
Paul Woollard
Paul Woollard transitions from Board of Directors to Executive DirectorsApril 1, 2005
Recognized by NC Assoc of Realtors
North Carolina Association of Realtors – Homes4NC – Affordable Housing Achievement in Education 2007
Gold Award for Cherry Gardens
US Green Building Council LEED for Homes – Gold Award – Cherry Gardens – First LEED for Homes multifamily property in North Carolina2010
Kathy Stilwell
Kathy Stilwell promoted to Executive DirectorApril 1, 2013
Housing Award for Wesley Heights
Housing North Carolina Award for Achievement in Affordable Housing – Wesley Heights2013
Operations Transferred
Operation and oversight of The Association of Housing Counselors is transferred to the North Carolina Housing CoalitionJune 30, 2014
Housing Award for Willow Pond
Housing North Carolina Award for Achievement in Affordable Housing – Willow Pond2015
50th Anniversary
Celebrating 50 years of impactOctober 12, 2016
Mosaic Development Group
Formally changed our name to Mosaic Development Group2016