Learn how cities like Raleigh, NC are leveraging transit-oriented, municipally owned land to promote new affordable housing development. Raleigh’s approach involves a significant $16 million investment in 2020 through an affordable housing bond, specifically targeting land acquisition near transit hubs. Since 2016, this strategic policy has facilitated the development of 20 sites at minimal expense, resulting in the establishment of over 700 affordable housing units.
To learn more about Raleigh’s affordable housing initiatives, visit: https://raleighnc.gov/housing.
To learn more about affordable housing development near transit, visit our Online Opportunities for TOD Learning resource page.