INDYweek: Raleigh Nonprofit Raises $8.3 Million for City’s First Cottage Court to Expand Affordable Housing

An aerial view of Idlewild Credit: City of Raleigh

Raleigh Area Land Trust secured $8.3 million to develop the Cottages of Idlewild, the city's first cottage court aimed at expanding affordable housing in Raleigh. Scheduled for completion in 2025, the project addresses economic and systemic barriers to homeownership, particularly for marginalized communities. With a shared equity model and community land trust ownership, the development offers affordable housing and rental opportunities, fostering long-term stability and inclusivity in the Idlewild neighborhood.