“As housing costs continue to rise, affordable housing for seniors, many of whom have fixed incomes, is especially important,” Housing and Community Development Director Emila Sutton said.
“Continuing to expand affordable housing options gives older adults more opportunities to age in place, maintain their independence, and stay connected to the communities they know and love.”
Developments like Iris Ridge support the City’s Affordable Housing Plan, A Home for Every Neighbor, which focuses on increasing the supply of subsidized affordable housing, improving affordability across Raleigh’s entire housing market, and ending and preventing homelessness.
Through investments and partnerships with developers, the City continues working to create more safe, stable, and affordable housing options for residents of all ages.