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October 17, 2023
NEW HANOVER COUNTY — Four affordable housing projects in New Hanover County will receive funding that will benefit nearly 300 residents. READ MORE: ‘Need is…
July 15, 2023
WILMINGTON — The local public housing authority is “getting creative” in how it supports the addition of affordable housing in the community…
May 24, 2023
WILMINGTON — As the city continues to prioritize affordable housing and finding ways to incentivize some developers, it’s proposing a new ordinance that would…
April 13, 2023
SOUTHEASTERN N.C. — The National Alliance to End Homelessness endorses a housing-first approach, guided by the tenet that basic needs, such as shelter…
February 28, 2023
Construction has begun on an affordable senior living apartment project at 205 Middle Sound Loop Roa
February 28, 2023
Construction has begun on an affordable senior living apartment project at 205 Middle Sound Loop Roa
April 27, 2022
The Residence at Canopy Pointe project wants to annex land into the city of Wilmington — something local leaders seem to support.
April 6, 2021
Listen to the story here. In the Cape Fear Region, there aren’t many ways to get affordable units on the ground. But there is one federal program, the Low-Income Housing Tax Credit (LIHTC), that has. What’s LIHTC & How Does It Work? The Reagan-era initiative, run by the Internal Revenue Service, has been around since 1987. Since then, Wilmington developers have used the tax credits for about 43 rental projects, putting into service over 1,900 affordable units. Here is a ma...