Partners
- City of Concord
- Cabarrus County
- Harmon Construction Services, LLC
- PRESPRO Homes and Neighborhoods
- Grounded Solutions Network
- Prosperity Unlimited, Inc.
Description
What We Do
The City of Concord founded the Concord Family Enrichment Association at the end of 2019, which became fully operational in 2021. The organization was renamed WeBuild Concord in 2022, a nonprofit established to develop equitable strategies for attainable housing and to merge private, public, and social resources to create wealth and promote economic mobility for residents. Beginning with the 2020-2021 fiscal budget, the city gave 1 cent of the tax rate to affordable housing. This investment is set to recur each year, equaling $1.8 million for FY26-27. WeBuild has partnerships that include the City of Concord, Cabarrus County, dozens of nonprofits, and for-profit companies to make attainable housing possible.
Resident Impact
WeBuild has built 55 homes with 27 under development and several prospective developments. During Fiscal Year 25-26, 16 homes were sold or placed under contract, resulting in a total of $4.2 million in new homeowner assets. As of FY 25-26, 181 people live in WeBuild homes. The average WeBuild resident saves over $360 per month by living in or owning a WeBuild home. The average age of a WeBuild homeowner is 36, four years younger than the national average for first-time homeowners.
Economic Impact
During FY 25-26, over 240 employees worked at WeBuild sites. The overall economic impact of projects and housing developments was $15.2 million, according to the National Homebuilders Association's formulas. Over the last two years, the total impact exceeds $32.7 million. Over the last three years, WeBuild developed, sold, or held over $28 million in assets.
Neighborhood Impact
- The Lincoln Street Townhomes Project, a 26-unit townhome development, provides ownership opportunities in a neighborhood with less than 40% ownership in the Logan Community. Over 50% of Lincoln Street homeowners are 33 years old or younger, which is lower than the WeBuild average.
- The Sanctuary, a mixed-use development with 13 loft apartments, office space, and a coffee bar, provides the Gibson Community with a central location for meeting and economic development.
- With over a dozen new single-family homes built and approximately 20 singlefamily homes under development, WeBuild provides low-to-moderate households with the opportunity to own traditional homes and land.
- Other exciting developments and partnerships include the Cottages at Corban, a 10-unit single-family project that tests the City of Concord’s new tiny home and cottage ordinance.
- Several other homes are being built by private developers in zip codes that have traditionally lacked affordability in mixed-income neighborhoods.
Who We Serve
Concord and Cabarrus County residents who are low- and moderate-income renters and homebuyers. Residents earn between 30% and 120% of the area median income (AMI).
How We Impact
WeBuild works with private, public, and social partners to purchase land, properties, or units (joint ventures included) to develop affordable and attainable housing to serve households ranging from 30% to 120% AMI. This includes dozens of employers and industry participants, as well as other nonprofits and government entities. (see our resident, economic, and neighborhood impacts above).
Updated August 2026
Strategies
2025–2028 Strategic Priorities
- Tools to Develop Homes: Increase the supply and affordability of housing options.
- Funding & Partnerships: Expand financial resources and collaborative partnerships to increase access to housing and supportive services.
- Internal Capacity & Human Capital: Strengthen organizational capacity to advance the mission.
- Marketing & Outreach: Increase public and stakeholder understanding of WeBuild Concord and local affordable housing needs.
https://webuildconcord.org/wp-content/uploads/2025/03/WeBuild-Concord-Strategic-Plan-2025-2028.pdf
Progress in 2025
WeBuild Concord continued to expand affordable and attainable housing opportunities, with 73 single-family, multi-family, mixed-use, and mixed-income developments built or under development, up from 71 the previous year. During FY 2025–26, 16 homes were sold or placed under contract, generating $4.2 million in new homeowner assets, with 181 residents now living in WeBuild homes.