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Charlotte officials will seize land from a nonprofit group that defaulted on more than $700,000 in city loans, a new report says.
Northwest Corridor Community Development Corporation lacks the capacity to develop 25townhouses in west Charlotte that it promised to build for low-income families, city administrators wrote this week in a memo to the City Council and City Manager Curt Walton.
The finding follows a probe into accusations of mismanagement and conflicts of interest brought by the group's former executive director Guerdon Stuckey.
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