The North Carolina Office of Recovery and Resiliency has funded its largest affordable housing project to date, an 80-unit affordable multifamily apartment development in Fayetteville called McArthur Park II. The apartments were constructed to alleviate housing needs in an area that lost units due to past hurricanes Matthew and Florence while allowing residents to stay in their community.
The Cumberland County housing project was made possible by $9.8 million in federal long-term disaster recovery funding provided through the NCORR Community Development Program. In total, the NCORR program has committed more than $81.4 million in funding to projects that will create more than 1,000 affordable rental units, both in public housing and in private multifamily developments in storm-impacted regions of the state.
The McArthur Park II development is an example of NCORR’s focus on affordable housing as part of a larger community development and resilience goal. The apartment development is located strategically within one mile of necessary services, such as shopping centers and a park. The units are earmarked for families whose income is at or below 60 percent of the area median income, which is approximately $35,760 based on HUD 2021 data.
NCORR partnered with North Carolina Housing Finance Agency, City of Fayetteville, Wells Fargo, Low Income Housing Tax Credit Equity Investors and United Developers.
The Advanced Contractors Academy, a free six-week program, is designed for established contractors ready to pursue larger-scale public contracts with agencies such as Fayetteville State University (FSU), Cumberland County and Cape Fear Valley Health.
Today, Hungry Snacks Vending operates 140 machines across North Carolina, with locations ranging from schools to public transit stations.
A total of 84 interns participated in this year’s My Future So Bright program. At the graduation ceremony held on Aug. 1, each student was able to receive their graduation certificates from Mid-Carolina Regional Council Executive Director Saman