The Herald Sun – New apartments in downtown Durham will be affordable for hundreds of people

Indy Week – Durham Commissioners Will Soon Decide How Much Affordable Housing to Put on Two Downtown Sites

In weighing their options for how to redevelop two county-owned parking lots on Main Street, county commissioners are leaning toward a plan that would include 277 units of affordable housing.

Commissioners discussed the two options for redeveloping lots on the 300 and 500 blocks of East Main Street during a work session Monday morning.

Plan A includes a total of 492 residential units, 180 of which would be affordable to households earning 30 to 80 percent of the area median income; 55,500-square-feet of commercial space and as many as 1,970 parking spaces across both sites. In that concept, the affordable housing units would cost the county about $4 million to $5 million.

Plan B includes 437 residential units, 277 of which would be affordable to housing earning 30 to 80 percent of the area median income; 34,700-square-feet of commercial space; and as many as 1,933 parking spaces across the two properties. Affordable housing under plan B would require a county subsidy of about $8 to $9 million.

(Thirty percent of the area median income is about $22,000 for a family of four. Eighty percent is about $58,000).

Check out more details in the document below:

Indy Week – With a Plan for Two Main Street Sites, Durham County Makes Its ‘First Foray’ Into Affordable Housing

Indy week – Judicial Candidates, DA-elect Commit to Durham CAN’s Justice Reform Agenda


OCT. 27, 2018   1:03 P.M.

Nine judicial candidates on the ballot participated. Superior Court Judge Jim Hardin and District Court Judge Amanda Maris are unopposed for re-election. District Court Judge Fred Battaglia faces civil rights attorney Dave Hall. District Court Judge Jim Hill faces assistant district attorney Clayton Jones. For the Superior Court seat being vacated by Judge Elaine O’Neal, senior assistant public defender Dawn Baxton faces assistant district attorney Josephine Kerr Davis.

They all were asked and agreed to:

  • Meet with Durham CAN leaders within ninety days of taking office.
  • Use resources like the 2018 Criminal Monetary Obligation benchcard in deciding whether to waive or reduce fines and fees.
  • Consider a defendant’s ability to pay court fines and fees and reduce or waive them when a person is unable to pay.
  • Consider money bail the last resort in suggesting pretrial release conditions.
  • Work with Durham CAN to expand language access in the courthouse.
  • Require race equity training for staff.

Early voting continues through November 3. Find the schedule and locations here.

NC left Durham-Orange Light Rail with a $57M gap. Now Durham says it can fill it

NC left Durham-Orange Light Rail with a $57M gap. Now Durham says it can fill it.

From UNC Hospitals in Chapel Hill to the Alston Avenue station in Durham, fly over the entire proposed 17.7 mile route of the Durham-Orange light rail project.


August 27, 2018 03:33 PM

With Tax Credits Secured, Construction on Affordable Housing Next to Durham Station Could Begin Next Summer – INDY

With Tax Credits Secured, Construction on Affordable Housing Next to Durham Station Could Begin Next Summer

Posted by  on Fri, Aug 10, 2018 at 4:10 PM

A planned affordable housing development next to Durham Station has been awarded a competitive tax credit, allowing construction to begin next year.

Nonprofit development partners DHIC and Self-Help, which have been worked with the city on plans for the site, learned Thursday that the North Carolina Housing Finance Agency had granted its application for 9 percent Low-Income Housing Tax Credits.

According to a statement from the city, the award amounts to about $9 million of the $17 million project, now known as the Willard Street Apartments. Construction could begin as early as next summer and wrap up in 2020.

DHIC and Self-Help Ventures Fund Plans for a mixed-use affordable housing development at the intersection on Jackson and Pettigrew streets in downtown Durham.

“These tax credits were the key missing piece to allow DHIC, Self-Help and the City of Durham to move forward together to develop eighty-two much-needed affordable apartments that will serve  households earning 60 percent of Area Median Income and below,” Den Levine, director of business development with Self-Help’s real estate team, told the INDY in an email. Sixty percent of Durham’s area median income equals about $48,000 for a family of four.

The development, at the intersection of Jackson and Willard streets, will also include retail space and parking. The city has already committed $3.6 million to the project, and Duke University and Capitol Broadcasting are kicking in another $2.5 million, which could alleviate the need for revenue-generating office space to offset costs.

“I am thrilled with this tax credit award, which will provide crucial investment in affordable housing right in the middle of downtown,” Mayor Steve Schewel said in a statement. “The City, Self-Help, DHIC, Duke, and Capitol Broadcasting have all come together on this project of truly affordable rental housing on City-owned land adjacent to Durham Station. We are grateful to the N.C. Housing Finance Agency for this tax credit award, which allows construction to begin.”

The tax credits were a critical part of the development. There are two types of low-income housing tax credits: 9 percent, which will subsidize much of a project but are harder to come by; and 4 percent, which are much easier to secure but cover fewer costs.

Under the Low-Income Housing Tax Credit program, the IRS distributes a certain amount of tax credits to state and local agencies, which pass them on to developers. Developers then typically sell them to banks and investors to create equity. In North Carolina, the credits are distributed by the North Carolina Housing Finance Agency.

The Durham Housing Authority plans to seek 9 percent tax credits to redevelop one of its properties downtown beginning in 2020.