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The Durham City Council has cleared the way for four new developments that will bring more than 400 townhomes and apartments to the city. Each project was approved Monday night.
3.5% (15 apartments) will be rented at affordable rates to those making 60% of the area median income. This promise lasts 10 years. Developed by H.M. Partners, based in Raleigh.
A local land trust purchased an apartment building and 2.28 acres of land in Durham’s sought-after Lakewood neighborhood. What to know. Housing nonprofit buys Durham apartment building, 2.3 ...
The definition of affordable housing may change depending on the country and context. For example, in Australia, the National Affordable Housing Summit Group developed their definition of affordable housing as housing that is "...reasonably adequate in standard and location for lower or middle income households and does not cost so much that a household is unlikely to be able to meet other ...
The Novus is a 27-story mixed-use tower under construction at 400 West Main Street in Downtown Durham, North Carolina. [1] [2] The tower is a partnership between Austin Lawrence Partners and Global Holdings, a real estate development firm led by Eyal Ofer. [3]
Developers proposing more than 1,300 apartments and townhomes in Durham won praise from the Planning Commission Tuesday night for planning dense projects in a city clamoring for more affordable ...
Forest Hills Historic District is a national historic district located at Durham, Durham County, North Carolina.The district encompasses 312 contributing buildings, 3 contributing sites, and 4 contributing structures in a predominantly residential section of Durham that was the city's first automobile suburb.
The plan: 300 units, at least a third apartments, the rest homes or townhomes. Mixed-use: Plus 20,000 square feet of commercial space. Affordable units: 15 units (5%) affordable for 30 years. A ...