Real Estate & Property Management

Where Mission Meets
the Market

Carolina Growth Realty is the licensed real estate arm of the NC Growth & Development Initiative ecosystem — connecting buyers, sellers, and landlords to opportunities that strengthen communities across North Carolina.

Carolina Growth Realty
21+
Years Experience
36
Units In Development
3
City Parcels Secured
501c3
Mission-Backed
Our Purpose

Real estate as a tool for
community transformation

Carolina Growth Realty operates at the intersection of commerce and community impact. Every transaction — every property managed, every deal closed — is an opportunity to advance affordable housing, support veterans, and build wealth in underserved communities.

We don't just sell properties — we build the infrastructure that makes sustainable communities possible across North Carolina.

Read the NCGDI Mission
Services

Full-Spectrum Real Estate
& Property Management

From acquisition strategy to tenant relations, we provide institutional-grade real estate services to individual clients and nonprofit partners alike.

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Residential Brokerage

Representing buyers and sellers across Winston-Salem and the Piedmont Triad with deep market knowledge, fiduciary integrity, and community-first perspective. Licensed NC Broker #311818.

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Property Management

Comprehensive management services for residential and mixed-use portfolios — tenant screening, lease administration, maintenance coordination, and financial reporting.

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Affordable Housing Development

Strategic acquisition, entitlement navigation, and development management for affordable and workforce housing projects, including CDBG, HOME, and VA-funded developments.

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Landlord Partnership Program

Connecting mission-aligned landlords with stable, supported tenants through our partnerships with HUD-VASH, CoC programs, and supportive housing initiatives.

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Investment Advisory

Underwriting, portfolio analysis, and market feasibility for real estate investors interested in community development finance, tax credit projects, and impact investing.

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Land Assemblage & Acquisition

Identifying, negotiating, and structuring land acquisitions for nonprofit and for-profit development partners — including government-owned parcel transactions and assemblage strategies.

Active Projects

Developments
We're Building

These projects represent the direct connection between Carolina Growth Realty's brokerage work and NCGDI's mission to create permanent, supportive housing across North Carolina.

Flagship Initiative

Veterans Village
Phase 1

36 stick-built affordable housing units across three City of Winston-Salem–owned parcels — Willie Davis Dr, Ebert St, and Salem Crest Ln. Designed as permanent supportive housing for homeless veterans, funded through CDBG, HOME, and VA Grant Per Diem.

36
Units
3
City Parcels
150+
Bed Vision

View on NCGrowth.org →

Supportive Housing

Prosperity Commons

Flagship supportive housing campus at 1242 W. Academy St. — up to 80 beds combining clinical treatment, peer mentorship, and wraparound services for men in recovery.

View Project →
Workforce Development

Workforce Pathways Program

In-development workforce training and economic mobility initiative — skilled trades, remote employment prep, and case management integrated with housing support.

View Program →
Why Carolina Growth Realty

The Difference a
Mission Makes

We built Carolina Growth Realty to be the real estate engine that powers the mission — every closing, every lease, every property management contract advances affordable housing in North Carolina.

James W. Powell Jr. | Executive Director, NCGDI
Licensed NC Broker #311818 | MBA, NC A&T
Carolina Growth Realty is the real estate brokerage affiliate of NC Growth & Development Initiative, Inc. and Carolina Growth Holdings, LLC. All real estate activities conducted by licensed NC brokers. NC RE License #311818 · Firm C42333.
For Property Owners

Partner With Us
as a Landlord

Join our growing network of mission-aligned property owners providing stable housing to veterans, individuals in recovery, and underserved families — with the support of our full management infrastructure.

Guaranteed Occupancy Support

Access to our referral pipeline through HUD-VASH, CoC, and VA programs — minimizing vacancy risk and maximizing your investment's impact.

Full Property Management

We handle leasing, maintenance coordination, inspections, and tenant relations so you can invest passively and confidently.

Wraparound Tenant Services

Our NCGDI partners provide case management and services to tenants — reducing turnover and protecting your property.

Transparent Reporting

Monthly financial statements, maintenance logs, and occupancy reporting delivered digitally so you always know where you stand.

Ready to Put Your Property
to Work for the Community?

Whether you own one unit or a full portfolio, Carolina Growth Realty has a landlord partnership model that aligns your investment with meaningful community impact across the Piedmont Triad.

Explore Landlord Program

Call (704) 266-2602

Ready to Buy, Sell, or Partner on a Development Project?

Get In Touch Today
NCGDI Logo NC Growth & Development Initiative, Inc.

Rooted in the NCGDI Mission

Carolina Growth Realty is the real estate engine of the NC Growth & Development Initiative ecosystem — a 501(c)(3) nonprofit dedicated to developing sustainable housing, providing supportive services, and expanding opportunity for underserved families and individuals across North Carolina.

Explore NCGDI's programs, active projects, and community partnerships — and learn how real estate and nonprofit impact can work together to transform communities.