More affordable homes are on the way for Raleigh residents, with the city council approving support for 491 new rental homes across five developments. 

These homes add to Raleigh’s affordable housing supply, helping residents find safety and stability. They will be located near jobs, public transit, and everyday services like grocery stores and schools.  

The city is supporting these projects through its Rental Development Program, which provides low-interest loans and works with federal tax credits and other financing to help make affordable housing possible.  

In December, five projects were selected to receive nearly $9.9 million in total support. 

The five approved developments are: 

* Brook Haven (60 homes) 

* Eagle Trace (90 homes) 

* Evoke Living at New Bern (73 homes) 

* Heritage Park Phase 1A (112 homes) 

* The Willow (156 homes) 

Raleigh’s Affordable Housing Plan sets a goal to increase housing options and keep Raleigh affordable for more people. Visit: https://raleighnc.gov/housing/services/affordable-rental-development.

Durham approves $4.5M for housing

The Durham City Council recently approved a $4.5 million funding plan to support the development and preservation of affordable housing units impacting hundreds of families across the city.

This strategic investment is part of the effort led by the city’s Housing & Neighborhood Services Department to address Durham’s ongoing need for affordable housing by supporting both new construction and the preservation of existing units. This funding also extends to providing case management services for low-income residents.

Funding has been awarded to several community partners committed to advancing affordable housing solutions, including Housing for New Hope, Surber Development, Durham Bragtown Walk LLC, Durham Children’s Initiative and L'Arche North Carolina.

“Across Durham, these projects represent real progress – more homes and more opportunities for residents to find safe, fair and affordable housing,” said Sarah Viñas, director of the Housing & Neighborhood Services Department. “We’re proud of the momentum this investment builds and look forward to continuing this work alongside our community partners, who make this progress possible.”

The approved projects are expected to develop and preserve 270 units of affordable housing and provide 135 households with housing stabilization services. Visit: https://www.durhamnc.gov/5414/Housing-Neighborhood-Services.

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