919-996-5697 contact@serpromise.org

Affordable Housing

Southeast Raleigh Promise was Awarded Funding by the City of Raleigh and Wake County to Build Affordable Rental Housing on 10 City-Owned Lots in Southeast Raleigh

Highlights

  • $2M City of Raleigh Funding; $1M Wake County Funding
  • Total project cost of $7.2M
  • 27 mixed-income rental units in Southeast Raleigh
  • Single-family, duplex, townhome, and accessory dwelling style buildings
  • One-two-three-bedroom units
  • Serving households with incomes between 30-80% AMI
  • Estimated rent between $408-$1,690 per month

 

Financial Partners

Project Team