The NC State GCF regularly volunteers with Wake County Habitat for Humanity and I have been volunteering with Habitat here and in Durham for some time now. So Habitat has a special place in our hearts, mine in particular. Habitat has been providing disadvantaged people with affordable housing for decades, and we can help them to keep up the good work by getting out to the polls tomorrow and voting for a $16M Housing Bond, as well as, a $40M Transportation Bond that will give us more bike lanes, improve our roads, bus stops, and transit stations, and build and repair our sidewalks. Here’s what Habitat’s website has to say about the importance of this housing bond:
The City of Raleigh has placed a referendum on the October ballot for a $16 million general obligation bond to support housing development for Raleigh residents. Previous housing bonds have been successful on the ballot and have provided substantial funds for the development of affordable housing in Raleigh. The past three bonds (approved by voters in 1990, 2000, and 2005) have provided funding to leverage the development of 2,788 units of affordable housing.
Habitat has benefitted from the bond proceeds in the form of second mortgages made available at $20,000 per home built in the City of Raleigh. In the 2005 bond, Habitat Wake has received $1.64 million and we expect to receive an additional $160,000 this year. Without passage of the bond this fall, local funding for affordable housing will dry up coupled with declining resources from state and federal sources.
We urge all Raleigh residents to get out to the polls and support this housing bond. Passage of this bond will continue to ensure simple, decent, affordable housing for Raleigh’s neediest families. Learn more about the initiative on the bond referendum website.
See you at the voting booth!