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Council reviews Hayti Promise stabilization contract as residents warn of bond-driven gentrification
Summary
Council members reviewed a contract to use parts of a $10 million package to stabilize residential and commercial structures in the Fayetteville Street corridor; residents and council members warned that park bond investments could accelerate gentrification without anti-displacement measures.
Thomas Crow Albritton, a neighborhood resident, told the council he supported park renovations but warned bond-funded upgrades would raise property values and accelerate displacement in East Durham, citing rising rents ("rent across Durham has risen by 31% since 2019") and an increase in people living unsheltered. He urged the city to pair investments with anti-displacement strategies.
Council then discussed a proposed partnership with Hayti Promise intended to stabilize legacy properties along the Fayetteville Street corridor. Summer Allston,…
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