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Durham presents Forever Home Durham update: bond dollars, units created and program gaps
Summary
Assistant City Manager Carmisha Wallace told council the Forever Home Durham bond program has exceeded several goals — including affordable rental unit production and household stabilization — but staff flagged homeownership uptake and MWBE contracting as areas needing work and shared implementation details and next steps.
Durham staff updated the City Council on Forever Home Durham, the city's affordable‑housing investment program created following a 2019 voter‑approved bond package, saying the city has exceeded several of its original targets while facing challenges in homeownership and MWBE contracting.
"When this investment program was first envisioned, the idea was to implement services and programs over a 5 year period," Assistant City Manager Carmisha Wallace told council as she reviewed the bond's original goals and the different funding sources now supporting the work. The bond was originally described to voters as a $95 million affordable housing investment; staff said they have since layered additional resources, including community development block grants, HOME funds and a dedicated housing fund.
Wallace walked through five goal areas: creating and preserving 2,400 affordable rental units; moving…
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