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Important for many,
Essential for some

According to the GAP Report:

“SHORTAGE OF AFFORDABLE RENTAL HOMES is nearly 43.6 million renter households living in the U.S., 11.4 million are ELI*. Assuming housing costs should be no more than 30% of household income (the accepted standard for housing affordability), only 7.5 million rental homes are affordable to ELI renters. This leaves an absolute shortage of 3.9 million affordable rental homes (Figure 1). The shortage of affordable housing turns into a surplus further up the income ladder, giving higher income households a broader range of affordable housing options.”

*Extremely Low Income (ELI): Households with income at or below the Poverty Guideline or 30% of AMI, whichever is higher

In our local Markets:

  • Mecklenburg County, NC:
    • “Our city needs an additional 24,000 units of affordable housing to meet the current need, which means more than 55,000 Charlotteans don’t currently have an affordable place to live.
  • Union County, NC:
    • 48% of renters find it difficult to afford their units
    • 23% of homeowners find it difficult to afford their homes
    • 27% of Union County is spending more than 30% of their income on their home and utilities

 

Habitat for Humanity Charlotte only built 48 homes in the Charlotte area last year.  It will take them a LONG time to really make an impact amidst the 24,000 units needed at this time.  We are positioning ourselves as a disrupter in the affordable housing market.  We will be able to reach the underserved market of the Extremely Low Income client as mentioned above.  Almost all of the affordable housing projects to date are not focusing on the “Extremely Low Income” clients.  We are partnering with non-profits to produce first class amenity rich communities for these clients.

On the for-profit side, we are working with land owners to turn their property into lower cost rental units with the option for non-profit support for the clients.

 

Multi-Family Complexes:

We are working on a solution for higher density communities.  Most metropolitan areas need high density solutions for housing.  In Charlotte, the general reason people are moving is economic opportunity. Charlotte’s unemployment rate was 3.1% in Dec 2019 as compared to 3.8% in Dec 2018. The US average is 3.9%. Charlotte’s historically strong economy explains why roughly 100 people a day move into the area which has propelled demand in the Charlotte real estate market. Between 2018 and 2019, Charlotte saw a 2.3 percent increase in jobs, adding more than 27,300 jobs year over year. Future job growth over the next ten years is predicted to be 45.2%, which is higher than the US average of 33.5%.  There is already a housing deficit in the Charlotte area so these

We are utilizing the next generation of sustainable and affordable building solutions.   Axhoj Enterprises’ proprietary building component system is in the process of being filed for patents:

Our Affordable homes start at 288 sqft and go to 1533 sqft heated at this time.  Following is a portfolio of these homes.  If you are in the Charlotte area and want to see one of these homes, please contact us. 

The building system is assembled at the building site using “Plug and Play” or “Quick Connect” components.  This technology simplifies the erection of a structure making the construction quick and extremely easy to assemble.  The building system is efficient and can be performed by non-skilled workers without tape measures and levels.

Summary of benefits:

  • Affordable – less expensive than any other building method
  • Washable – Interior can be pressured washed, dried and immediately livable
  • Mold resistant – Option for no organic materials in the building system
  • Insect resistant – There is no food for insects and there is a hard barrier shell
  • Fire resistant – There are no components that can burn
  • Healthy – It is a healthy living environment (no out gassing)
  • Low maintenance – No components will rot or need replacing.
  • Fast assembly – 1000 sqft home dried-in & secured in 3 days after foundation set
  • Easy assembly – Non-skilled labor can assemble without rulers and levels
  • “Plug & Play” – All electrical, plumbing & mechanicals are in the walls from factory
  • Easy expansion – Engineered to add onto existing structure with little effort
  • Energy efficient – Low utility bills and can be migrated off grid easily
  • Recycled – Total home can be recycled (Cradle-to-cradle philosophy)
  • Flexible architecture – Not limited to a specific style of construction
  • Sustainable/“Green” – Built by local workers with healthy local components

Axhoj Enterprises will have standard offerings (plans/components), but will also be able to adapt any structure into our building component system. 

The building system will continue to be enhanced and improved.  Axhoj Enterprises’ building solutions will enter the market at a price point that will be well below conventional construction making our offerings hard to compete against. We will continue to enhance its offerings for the entire spectrum of building materials and turn-key labor.  We will provide the entire spectrum of services for construction including:

  • Site Planning
  • Site Development
  • Architectural Work
  • Engineering Solutions
  • Construction Materials
    • Concrete work,
    • Framing system
    • Windows and doors
    • Electrical System(s)
    • Plumbing Systems(s)
    • HVAC System(s)
    • Finishing System(s)
    • Landscaping
  • Construction Labor for installation teams
  • Trade Partner Management Assistance