Day Point residents raise renovation concerns

Saw dust, bed bugs, exposed wiring and doors with holes and cracks are some of the concerns voiced by residents living at The Grand at Day Point that is undergoing a $14 million renovation project.
Residents spoke during the Goldsboro City Council meeting Monday, detailing some of their concerns, including being displaced and having to share storage containers with their neighbors.
In March, the Goldsboro City Council approved the issuance of up to $14 million in multi-family housing revenue bonds for the project that involves renovating 160 apartments at the complex in Day Circle, off South Slocumb Street.
GDP Housing Partners in Raleigh is selling the city-issued revenue bonds to investors. The municipal bonds guarantee repayment from revenues generated from the project that is planned to include $45,000 in renovations per unit.

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