New LIHTC Property in Cary Helps Fulfill High Affordable Housing Demand

Located between Raleigh and Research Triangle Park, the Town of Cary, North Carolina, is known for its appeal to all demographics, whether it is young professionals getting settled into their careers or seniors looking to enjoy retirement. Over the last decade, Cary has been fortunate to see rapid economic growth, including an employment base that continues to grow from numerous new and expanding businesses, infrastructure projects, and commercial developments. In addition to this, population and household growth in the area continue to increase at a high rate. Although these numbers are excellent for the Cary economy, they also lead to a greater demand for safe, affordable housing.  Read more.