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Council approves CDBG gap funding for East College Park site work to build six townhomes
Summary
Raleigh approved a conditional commitment of $448,733 in Community Development Block Grant funds to Evergreen Construction to pay for site work on East College Park townhome Site 4, enabling construction of six for-sale townhomes with at least four units reserved for buyers at or below 80% AMI.
Raleigh City Council voted to approve a conditional commitment of up to $448,733 in Community Development Block Grant (CDBG) funds to support site improvements for East College Park townhome Site 4.
Jess Brandes (Housing and Neighborhoods) told council the East College Park revitalization program seeks to deliver attractive, energy-efficient townhomes for first-time buyers. Under the…
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