Affordable housing boost

By Ret Boney

RALEIGH, N.C. — Raleigh is set to gain 24 newly-built affordable-housing units when CASA opens its Oak Hollow and Oak Hill Apartments in October.

The new units are among the first to be opened since Raleigh and Wake County launched their 10-year plan to end homelessness, says Debra King, executive director of CASA, a Raleigh-based affordable-housing developer and manager.

“A fifth of Raleigh’s homeless are children, and our homeless population is growing,” says King.  “The American dream is sliding out of reach for many people.  We’re letting at least 24 people dream again.”

Fourteen of the apartments will be filled by single adults with disabilities, she says, while 10 are reserved for women with disabilities and their children.

CASA built the new one- and two-bedroom units in southeast Raleigh using funds from the U.S. Department of Housing and Urban Development, with additional dollars from the N.C. Housing Finance Agency and the city and county.

In addition to construction costs, the total investment of $2.9 million will fund support services for residents and a decade of rental assistance designed to keep monthly rents lower, says King.

CASA is holding an open house to showcase the units Oct. 4 at 11 a.m. at 3331 Sun Hollow Lane near WakeMed.

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