N&O: Raleigh church teams with basketball coach, land trust to build affordable cottages
The News & Observer highlights a unique partnership between St. Michael’s Episcopal Church, the Raleigh Area Land Trust (RALT), and a college basketball coach to develop Raleigh’s first affordable cottage court in the historic Idlewild neighborhood. This collaboration, supported by St. Michael’s $300,000 investment, uses RALT’s shared-equity model to ensure lasting affordability while preserving the community’s cultural heritage. The N&O emphasizes how this innovative coalition addresses Raleigh’s growing housing affordability crisis through creative, community-driven solutions.
Read more: https://www.newsobserver.com/news/business/real-estate-news/article295856279.html