October 3, 2019
We are excited to announce that DHIC has been awarded a 2019 Wells Fargo Priority Markets grant of $250,000 to advance the development of Beacon Ridge, a multi-family affordable housing community co-located on the Beacon Campus in Southeast Raleigh. Beacon Ridge will offer 120 apartment homes for families and individuals with modest incomes across three buildings. Included in the buildings will be offices for property management, restrooms, an exercise room with equipment, laundry facilities, a storage room for supplies, kitchen area with a sink, cabinets, microwave and refrigerator, a community room for activities and programs, and a business resource center with computer access. There will be a playground on-site and residents will have walking access to the new Southeast Raleigh YMCA and Southeast Raleigh Elementary.
Wells Fargo is a valued partner and we are grateful for their continued commitment as we work together to grow and enhance affordable housing opportunities in the Triangle.