Raleigh’s Housing Picture

Fast growth combined with the economic downturn has created more single-family home and rental vacancies through foreclosures and lowered demand. Affordable housing stocks are in scarce supply but options exist for Raleigh residents with low to moderate incomes.

City Committee Approves Tornado Relief

Residents whose homes were destroyed in the April 16 tornado could have access to city funding for repairs. The City Council’s Budget and Economic Development Committee unanimously approved a measure Monday to provide $400,000 for low and moderate-income residents who have exhausted all other avenues of financial assistance.

UDO to Address Student Housing

As student housing continues to be a hot topic, the Raleigh City Council approved a measure Tuesday to have the Planning Department to work with the city attorney to address the issue through the new zoning code, also known as the Unified Development Ordinance (UDO).
Photo: Many students live in houses on Maiden Lane, just off Hillsborough Street. By twbuckner.

Council appoints Weeks to District C seat

Tuesday’s swift series of city council meetings revolved around one thing: filling the vacancy left in District C by councilman James West’s appointment to the Wake County Board of Commissioners. A six-member majority voted to appoint Eugene Weeks to the seat representing District C, concentrated in southeast Raleigh.

Affordable Housing Task Force Members get to work

By C. Duncan Pardo – September 24, 2008

The Affordable Housing Task Force had its second meeting yesterday afternoon. City council created the 23-member task force to bring perspective on affordable housing and what’s being called “workforce housing” to the comprehensive plan process. The task force is set to deliver a report to council in February and the comprehensive plan should be ready for review next summer. City planners expect Raleigh to grow by 70 percent over the next 20 years. The comprehensive plan is supposed to lay out what Raleigh will look like in 2030, from public transit to schools to high-rise office space.