Durham Moves Forward on Affordable Housing Issues While Raleigh Stands Still
By Brent Woodcox
Facing a shortage of affordable housing and the pressure of in-migration that will only exacerbate the current crisis, Raleigh has recently seemed to lose the vision or the political will to do anything about it. Wake County has a need for 56,000 additional affordable housing units today. And that need will grow to 150,000 units over the next two decades. Raleigh's affordable housing math problem has been covered on this site before.
This crisis will not be solved solely through public subsidies nor through private development. It can only be solved by leveraging both the private and the public sectors and by creating a partnership that involves government, businesses and non-profits all working together to address the gap between the housing we need and the housing that is being built right now.
Just down the road in Durham, Mayor Steve Schewel has a plan that Raleigh might be able to learn from.
From Indy Week...
It's time for Raleigh to take some inspiration from our sister city on affordable housing. We need a conversation about what this city--and potential partners in the business and non-profit communities--can do on affordable housing sooner rather than later.