The College Park neighborhood is an established community adjacent to Saint Augustine's University, offering access to public transit, major employers, and the downtown corridor.
The City facilitated the development of 92 single-family homes in the Eastern section of College Park between 2016 and 2023. Sixty percent of the homes were reserved for income-restricted buyers (as defined by HUD guidelines) and 40% available with no income restriction. All homeowners are required to occupy the home as their primary residence and are subject to a 10-year deed restriction.
East College Park has been recognized as a model for affordable homeownership development in North Carolina.
Overview of East College Park Redevelopment location