With Tax Credits Secured, Construction on Affordable Housing Next to Durham Station Could Begin Next Summer
August 12, 2018
A planned affordable housing development next to Durham Station has been awarded a competitive tax credit, allowing construction to begin next year.
Nonprofit development partners DHIC and Self-Help, which have been worked with the city on plans for the site, learned Thursday that the North Carolina Housing Finance Agency had granted its application for 9 percent Low-Income Housing Tax Credits.