Raleigh News & Observer: Legislation proposes incentives to bolster affordable housing

Written By Loop Creative

U.S. Rep. Wiley Nickel has introduced the Keep Housing Affordable Act, which aims to provide incentives for developers to extend the affordability period of low-income housing in North Carolina up to 50 years. Kevin Campbell, RALT’s Executive Director, supports the bill, emphasizing its importance in preventing the conversion of affordable units to market-rate in high-demand areas like Raleigh and Wake County.

Loop Creative

https://www.followtheloop.com
Previous

Affordable Housing as a Path to Health Equity
Next

Raleigh News & Observer: NC minimum-wage worker must work 3.5 jobs to afford modest housing