Downtown has long held the appeal of many Raleigh residents as an ideal place to live. Unfortunately, high rents and cost of living has made that simply a dream for most. Carlton Place, which was built with government and private grants, offers something different to downtown, and allows a cheaper living option for families who don’t have as much money to spend on rent each month. However, there are only 80 apartments in the building, and most are filled.
In a few weeks, Raleigh voters will decide whether or not the city uses funding to build similar communities. A $16 million bond on the October 11th ballot is up for debate, which, if approved, would provide loans and assistance to first time home buyers. The bill is said to target the low income and senior populations.
If you’re thinking of moving to downtown, don’t forget to contact your favorite Raleigh movers for the best rates, reliable movers, and a seamless moving day.