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Durham CAN Delivers Big on Affordable Housing

At the public demand of Durham CAN, the Durham City Council on Monday night awarded a $4 million grant that will allow the Durham Housing Authority to purchase Fayette Place, twenty acres of vacant and blighted land also known as Fayetteville Street Housing Project. The Housing Authority, and Campus Apartments, a Philadelphia based for-profit company which currently owns the land, have agreed to close on the deal no later than June 16th.

Since 2009, the land has remained vacant of everything but the foundations of a former public housing complex. Through careful research, CAN leaders uncovered and made public that the Durham Housing Authority had the option to buy back the land by August 6, 2017, given that contract conditions hadn't been met. Weeks after a 250-person press conference organized by Durham CAN at the site, the Durham Housing Authority declared Campus Apartments in default of the contract, beginning the process of reacquiring the land. During the most recent action attended by 560 people in April, CAN leaders secured commitments from Durham City officials to finance the purchase.

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Tuesday, June 20, 2017 - 20:08