Fayetteville Forward Bond NEXT STEPS

The City of Fayetteville Bonds that were presented on the November 8 ballot passed with a 67% percentage. Now that the bonds are passed…what’s next?

HOUSING BOND – $12 million

* $9M – yields up to 500 new units
* $1M – yields up to 20 new single family homes, the city will be looking for a development, construction, and financing partners
* $1M – yields up to 40 homeowner rehabs
* $1M – yields up to 40 first time homeowners

PUBLIC INFRASTRUCTURE – $25 million

* $15M – street resurfacing, estimated total of 63 miles of resurfacing
* $8 – sidewalks
* $750k – estimated 3 road miles
* $1.25M – intersection improvements

PUBLIC SAFETY BOND – $60 million

* 911 Dispatch Facility – New facility on new site
* Fire Station #16 – Replacement facility
* Fire Station #9 – Replacement facility
* Fire Station #2 – Replacement facility

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Published by Angie Hedgepeth

Angie Hedgepeth, Government Affairs Director for the Association, attends all the local meetings each month, as well as NAR and NCAR meetings, and keeps members abreast of the multiple issues being addressed in local, state and national government. She prepares reports on the meetings she attends and they are included in the weekly "Government Affairs Update".