Mortgage News

Wake County wants more affordable housing. Will that mean a tax increase?

County Council Chair Elliott Summey told the Post and Courier that "I recognize that affordable housing is an issue in the county and it bleeds over to all kinds of quality of life issues. but at the same time, I think it needs to be a more cohesive plan, maybe even a tri-county plan.

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Wake County residents could be asked to pay higher sales taxes or property taxes to come up with money to help increase the amount of affordable housing. The Wake County commissioners on Monday approved a 20-year plan for increasing the amount of affordable housing through strategies such as changing zoning rules and spending more taxpayer money on programs.

Partner with Habitat Wake. Last year alone, more than 18,500 individuals volunteered their time to help build safe, affordable homes. Each year, more than 2,700 corporations, congregations, individuals and local organizations provide financial and volunteer support. Habitat Wake ReStores provide a sustainable revenue stream in support of our mission,

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Please note: The demand for low-income housing in Wake County exceeds the supply. Most complexes have waiting lists of a year or more. It is not impossible to find an affordable apartment in Wake County, but it will require patience. If at all possible, plan ahead and begin looking well in advance of when you need to move. We

The commissioners are expected to make decision on the budget on June 4.

As Wake County comes under fire for a proposed 10 percent property tax increase for the coming year, Raleigh City Manager Ruffin Hall laid out a $518 million budget for fiscal 2020 that doesn’t.

Wake Forest, N.C. – Strange noise from an unknown location is keeping some residents in Wake and Franklin counties concerned. Loud booms are rolling through the barham crossing neighborhood, which.

Raleigh, N.C. – To address a shortage of affordable housing that some local officials are calling a crisis, Wake County officials are taking a harder look at the issue. Commissioner Jessica Holmes.

This will become even more meaningful as increased transit options become available. 5. Consider replacing Raleigh’s new zoning code (udo) prohibition on affordable housing with performance standards tied to the Affordable Housing Plan criteria for location, Area Median Income (AMI) rent ranges and other factors. 6.