CHARLOTTE, N.C. — Voters in Charlotte will consider three general obligation bond measures this fall that would authorize the city to borrow a record $425 million for transportation improvements, housing and neighborhood infrastructure. The package includes $280 million for transportation, $125 million for housing and $20 million for neighborhood improvements. A “yes” vote would approve the borrowing; a “no” vote would reject it. City officials say the proposed bonds are already accounted for in the current budget and property tax rate, and estimate they would add $0 per year in taxes for each $100,000 of taxable property value. The ballot language nevertheless permits additional property taxes to be levied to repay the bonds. General obligation bonds let a city borrow money and repay it over time, with interest. Charlotte expects to repay an estimated $666.7 million across the three measures: $437.1 million for transportation, $198.4 million for housing and $31.2 million for neighborhood projects. Those figures include a combined $241.7 million in interest. The transportation measure would fund street, intersection, sidewalk, bicycle and pedestrian-path projects, as well as drainage, traffic signals and other infrastructure. Among the proposed projects is $12 million for improvements at Eastway Drive and Shamrock Drive in east Charlotte, including sidewalks, paths, bike lanes and crosswalks. The package also includes $50 million for sidewalks, $24 million for street resurfacing, $22 million for pedestrian safety, $10 million for bicycle connections and funding for bridge repairs, traffic systems and other upgrades. The work is intended to support the city’s Big Moves 2030 program and its Strategic Mobility Plan, which aims for half of commute trips to be made by a mode other than driving alone. The housing bond would support projects for people with low or moderate incomes, including related land and infrastructure costs. The city had not identified specific projects. The neighborhood measure could pay for sidewalks, drainage, street repairs, bicycle paths, lighting and public open space, and could help attract private investment for nearby transportation improvements. If voters reject the measures, the city says it may defer projects to a future bond package or have City Council seek other funding for work considered too important to delay. The proposed package follows a $400 million bond package approved by Charlotte voters in November 2024, which received 67% support and also included transportation, housing and neighborhood initiatives. The proposed 2026 transportation and housing bonds would be the largest of their types in the city’s history if approved.