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Durham CAN Leaders Break Ground on Affordable Housing


Durham CAN leaders, local investors and elected officials broke ground on the Willard Street Apartments. A mixed-use development, Willard Street Apartments, near the main bus station in Durham, NC, is set to encompass 39 one- and 43 two-bedroom apartments, ranging between 674 and 1,047 square feet. Monthly rents will start at $310 and go as high as to $840, with three-quarters of the units set aside for households earning less than 60 percent of AMI and the remaining reserved for those making less than 30 percent of AMI. Ten percent of the apartments will be built at ADA standards and The Durham Housing Authority has committed 21 project-based vouchers to very low-income residents.


"This development was envisioned more than five years ago by Durham CAN as part of a Countywide campaign aimed at using city-owned properties in walking distance of bus stops where affordable housing could be built. "

Durham CAN leaders flexed their people’s power muscle to win a commitment from the City to use this property located in exclusive downtown for the construction of affordable housing.


 

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Thursday, October 3, 2019 - 16:21