Christopher Cauley, Director of Economic and Community Development for the city gave an update on Affordable/Attainable housing projects within the city. Below are some of the highlights of his presentation.
June 6, 2022 – new policies and procedures which allows for more development partners and smaller scale rental developments.
August 7, 2023 – project proposals
Development Process – requires work by the developer on the front end to include property acquisition, market analysis, site layout and architectural drawings
The following are proposed projects:
Step Up – Nonprofit proposing to convert motel (Night Inn Motel – Eastern Blvd.) into supportive housing for homeless. The building will provide 137 single room units aimed at homelessness.
Fayetteville Gardens – Private developer proposing to rehab 100 units that are currently 40 years old. The property is located at 2915 Gordons Way (off Raeford Road).
Hillside Manor – Is a privately owned affordable housing development in need of substantial repairs.
S. Cool Spring St. – Innovative Builds, Inc. is a private developer producing 8 rental units by renovating an existing property.