About - Wesley CDC

Our Story

Beginnings

Wesley CDC is a non-profit real estate firm created in 2002 by a $1.5 Million grant from The Duke Endowment. The company mission was to build energy efficient single- family homes in rural areas for first time homebuyers effectively, Building Communities of Grace and Hope. A total of 85 single family homes were built and sold to families receiving extensive credit counseling and home ownership services.

Expansion

Wesley CDC has taken the changing economy as a sign to evolve with the times. Entry into the multi-family housing market included rehabbing two projects as well as development of a supportive housing project. Wesley then felt expansion into the Low Income Housing Tax Credit projects was an additional way to continue servicing the communities around us. Wesley CDC has received an award from the North Carolina Housing Finance Agency for best development in the following classes- Single Family, Multi Family and Supportive Housing. In addition, Wesley CDC also won Best Multifamily project of the year in 2020 from CAHEC.

Connections

In 2018, Wesley led the development of the Conference’s new headquarters acting as the owner’s representative. The completed Conference Center was awarded the designation of LEED Gold and served as a pilot project for net metering with the inclusion of an 85KW rooftop solar array serving the building and the grid. Since that time, EV car charging stations have been installed.

In 2019, Wesley completed construction of the first floor of the WNCC conference center for lease out to a third party tenant. This space was designed for lease in order to defray operating expenses associated with the Conference headquarters located on the second floor of the Center.

In May 2019, Wesley took over management of the real estate portfolio of the WNCC. Wesley assists WNCC in determining the best use for those properties going forward, including reimagining, repurposing, or redeveloping. Wesley is a licensed North Carolina, Georgia, and Virginia Real Estate Firm. Wesley has added brokerage and management services for the North Carolina Conference and Virginia Conference within the last several years.

Growth

Wesley CDC has grown from four employees to a team of 16 professionals focused on providing exceptional real estate and consulting services. That work continues every day within the Wesley offices and beyond.

To date Wesley has developed in excess of $130 million in real estate and has another $30 million actively under development. Wesley has brokered over $42 million in transactions, and helped to repurpose many other properties for ministry. That work continues every day within the Wesley offices and beyond.