Less than a week after permits were issued for a new 360-unit apartment complex, City Council voted to approve another complex of 215 units on Oberlin near Cameron Village.
The federal government sequestration is having an impact on the availability of affordable housing for low-income residents in Raleigh. Photo: Construction of an affordable residence for veterans on Sunnybrook Road in Raleigh was completed earlier this year. Image by Holly West.
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.
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.
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.
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.
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.