Promise 25

Twenty-five new affordable rental homes built across nine city-owned sites in the Rock Quarry Road Corridor, built in phases with first move-ins in August 2026.

First Rental Homes Are Ready

The first homes serve households at or below 80% of the Area Median Income (AMI), reflecting our commitment to building an economically diverse, inclusive community.

— AVAILABLE NOW —

911 Edenton Street

Includes one site with one duplex.

911 Edenton St - Site Plan (1) 1 (8)

Fisher Duplex

Serving households at or below 80% of the Area Median Income (AMI)

Isolation_Mode (26)

1170 SF

Isolation_Mode (27)

3-Bedrooms

Isolation_Mode (28)

2.5 Baths

Rent: $1,673/mo
Estimated Utilities: $257/mo

911 Edenton St - Site Plan (1) 2 (5)
911 Edenton St - Site Plan (1) 3
911 Edenton St - Site Plan (1) 2 (6)
911 Edenton St - Site Plan (1) 3 (1)

— AVAILABLE NOW —

1102 Person Street

Includes one site with one single-family home.

911 Edenton St - Site Plan (1) 1 (10)

Whitney Single-Family

Serving households at or below 80% of the Area Median Income (AMI)

Isolation_Mode (26)

1088 SF

Isolation_Mode (27)

3-Bedrooms

Isolation_Mode (28)

2 Baths

Rent: $1,673/mo
Estimated Utilities: $257/mo

Start the Application Process

Review the homes and income limits and complete your application. All applications can be mailed to:

First Rate Property Management
9121 Anson Way, Suite 200
Raleigh, NC 27615

A non-refundable application fee of $30 per household member over the age of 18 is due with your application. Applications are reviewed in the order received, by home size and eligible income level. The waiting list never closes, so you can apply at any time.

Review the Tenant Selection Plan for additional details.

Download Application(opens in new tab)

Coming Soon

The homes will serve a broader range of income levels and will open later this year and into early 2027. Join the interest list to be notified when leasing opens.

 

Join Our Interest List

— COMING SOON —

Gregg Street Cluster

Will provide a total of 12 rental homes, a mix of duplexes and ADUs.
911 Edenton St - Site Plan (1) 1 (11)

Nowell Duplex
Serving households with incomes between 30% - 80% of the Area Median Income (AMI)

Isolation_Mode (26)

1,024 SF

Isolation_Mode (27)

2-Bedrooms

Isolation_Mode (28)

1.5 Baths

Rent: $689- $1,333/mo
Estimated Utilities: $207/mo

911 Edenton St - Site Plan (1) 2 (7)
911 Edenton St - Site Plan (1) 3 (2)

ADU
Serving households with incomes at 30% of the Area Median Income (AMI)

Isolation_Mode (26)

512 SF

Isolation_Mode (27)

1-Bedroom

Isolation_Mode (28)

1 Baths

Rent: $587 - $1241/mo
Estimated Utilities: $159/mo

ADU_new
Frame 3

Final Phases

The final phases of the development will be completed in early 2027 and will include 10 rental homes. Renderings and leasing information will be provided later in the year.