Housing Homelessness Project
|Project Name||Description||Amount||Date Approved|
|Housing Homelessness Project||
Raleigh acquired a hotel to ensure residents with barriers to housing could remain stably housed during the pandemic. Future plans for the hotel include mixed occupancy, combining the existing extended-stay model with opportunities to provide permanent supportive housing and other types of affordable housing.
|$10 million||Council approved - Sept. 21, 2021
The City closed on the hotel on Sept. 24, 2021