A new partnership formed between the owners of the Capital Towers senior apartment complex near North Hills in Raleigh with DHIC, an affordable housing developer, will keep to the mission the property has held the past 40 years.

DHIC announced on Monday that the new partnership will own and manage the 298-unit Capital Towers buildings at 4808 Six Forks Road in Raleigh. The buildings were built in 1973 for the purpose of providing affordable senior housing, and it ranks as the largest affordable senior property in Raleigh. The average age of Capital Towers’ residents is 77 years old, and about 25 percent of its residents receive rental assistance from either Raleigh’s or Wake County’s housing authority groups.

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