We are proud to release the latest video in our Prosperity Initiative series entitled, “Leaders Championing Prosperity: What Matters, What’s Missing, and What You Can Do.” It’s a simple premise but it’s not the same message. We are trying to change our conversations from “what others should do,” to “what can I do?” And as Douglas Welton stated, find ways to just do it 1% better, over and over again.
First shown at our 2026 Prosperity Summit on October 15, 2026, the ripple effects of this message are already taking hold. Some of the comments from attendees include a quote from Allen Dargins, 2026 REBIC Chair, who said, “When I tell you this was an Epic Event, I mean just that.” And Brenda Hayden, North Carolina Realtors® President for 2026 commented, “An absolute fantastic launch to what will surely become an impactful leadership thread to link housing, development, government, and education in the Charlotte region…”
Our Prosperity Initiative was formed to help residents and policy makers lean into decisions that focus on cooperation and economic health, so we can keep prosperity accessible and sustainable. But it’s also about leaning in to the small things. Like getting on the front end of misunderstandings about growth and development earlier in the process, and authoring a message that insists on being collaborative.
As you view this 6 minute video, think about what’s important to you in a community. If it’s parks and open space, or bus routes and airport access, you support infrastructure expansion. If you’re hoping to have access to a broad range of housing options close to employment opportunities, then you support increased housing supply. And if you want access to community services, amenities, and entertainment, you need your municipal leaders to embrace new growth so there’s revenue to fund a future full of prosperous outcomes.
REBIC thanks these leaders who were willing to lend their time and support to Advocacy that Champions Prosperity.
My Take: We are embracing a new type of advocacy. It may be a little more difficult to execute but the outcome can be far more rewarding for all stakeholders who are willing to put forth the effort. Our region has many opportunities for greatness, but with those opportunities come several current challenges such as mobility needs, necessary digital infrastructure, diminished housing supply and lack of affordability, and looming questions regarding water and power resources. The good news is we are attracting as well as developing our own talent in order to meet those challenges. Our voice is reaching out to those who want to ensure prosperity is accessible to all by being accountable and open to doing it better. Will you join us?
This study examines the full economic impact of owner-occupied residential construction in North Carolina, including direct construction activity, plus indirect and induced effects prompted by new economic activity from suppliers and retailers.
The analysis also evaluates the public sector impact, including new revenues generated for local, state and federal governments. When annual local and state revenues are compared with the cost of providing additional public services, the study finds that new residential development generates more in revenue than it requires in public spending.
My Take: We have been hearing for years from local government leaders that only commercial development pays its own way but not residential development. We’ve always know better and now we can prove it. This new study clearly proves, through the expression of comprehensive data points, that every new single-family and townhome constructed generates $1.48 in new revenue vs. $1.00 in new public service costs. Take a look and let me know what you think?
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