Archive for August, 2013

Excerpt from StarNews Online. Published August 25, 2013. 2 Apartment Projects Receive Federal Tax Credits “Proposed subsidized apartment projects in Wilmington and Southport have received federal tax credits, an important step toward their construction as early as next year. Lockwood Village Apartments, proposed for 4900 S. College Road, received $540,000 in credits from the N.C. […]

“Does Affordable Housing Cause Nearby Property Values to Decline?” It’s a common scene at a community hearing: local residents lined up behind the microphone waiting to testify about a proposed affordable rental housing development. Some are voicing concerns that the development will decrease property values in their neighborhood. Their concerns are understandable – they want […]