# Saving Raleigh’s Last Affordable Housing | Raleigh News

Page: https://stenobird.com/podcast/raleigh-news-today-2-min-news-the-daily-news-now-7564076/saving-raleigh-s-last-affordable-housing-raleigh-news
Text version: https://stenobird.com/podcast/raleigh-news-today-2-min-news-the-daily-news-now-7564076/saving-raleigh-s-last-affordable-housing-raleigh-news.md
Podcast: [Raleigh News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/raleigh-news-today-2-min-news-the-daily-news-now-7564076)
Published: 2026-07-20T10:39:15+00:00
Episode link: https://sources.thednn.ai/8716fd089ffd00c8
Audio file: https://api.fastcast.ai/audio/ee7219b0-0fe1-4c18-ae22-cde1495bdc1e.mp3
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JSON: https://stenobird.com/v1/public/podcasts/raleigh-news-today-2-min-news-the-daily-news-now-7564076/episodes/saving-raleigh-s-last-affordable-housing-raleigh-news
Duration seconds: 115

## Resource

A nonprofit is stepping in to save Raleigh’s last stand of truly affordable housing — a 50-unit complex in Biltmore Hills, bought for $6.5 million and set for a $4.7 million renovation to keep longtime residents in their homes. Once home to Black families during segregation, this historic complex is now part of a desperate fight against the city’s affordability crisis: rents that once hit $1K/month are now a rarity, with most new units priced out of reach. With federal tax credits, city and county funds, and loans, Preservation of Affordable Housing is preserving the buildings and keeping rents low — while adding on-site services like job help and financial coaching. This isn’t just a renovation — it’s a lifeline for working families in the Triangle. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/8716fd089ffd00c8

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