Last week, the N.C. Housing Finance Agency announced its list of tax credit winners for affordable housing projects. DHIC was not on it. Recall that Town Council had agreed to sell 8.5 acres of vacant cemetery land to DHIC for $100 if the nonprofit would build workforce and affordable senior apartments there. DHIC said it […]
All posts for the month August, 2014
DHIC project DOA for now
Posted by Nancy Oates on August 25, 2014
https://chapelhillwatch.com/2014/08/25/dhic-project-doa-for-now/
Real estate sales 8/11/14-8/15/14
Sean Michael and Heather Dawn Delaney bought 100 Brighton Court from Joseph Rickard and Gloria Beissinger for $490,000. Mao Mao bought 111 Vintage Drive from Robert L. and Virginia W. Gilliam for $296,500. Zili Zhang and Yong Peng bought 103 Dairy Court from Guy and Rhonda Dear for $400,000. Taylor T. Ra and Yu Yu […]
Posted by Nancy Oates on August 22, 2014
https://chapelhillwatch.com/2014/08/22/real-estate-sales-81114-81514/
Section 8 crisis
The old joke goes that former first lady Nancy Reagan followed up her “Just Say No” drug abuse prevention program by tackling homelessness, with “Just Get a House.” Making decent housing available to people even in the lowest socio-economic categories has no simple solutions. Earlier this month the mayors of Chapel Hill and Carrboro staged […]
Posted by Nancy Oates on August 18, 2014
https://chapelhillwatch.com/2014/08/18/section-8-crisis/
Real estate sales 8/4/14-8/8/14
Yugen Zhang and Qingling Chen bought 106B Duncan Court from Yng Hae Chung and Hoon Lee for $174,000. Scott D. and Ruth Ewing Berkowitz bought 616 Woodgate Drive from Donald M. and Reina S. Weiner for $178,000. David and Alexandra Sheaves bought 8708 Snipes Farm Road from Joseph E. Phillips for $210,000. Ryan Kilpatrick and […]
Posted by Nancy Oates on August 15, 2014
https://chapelhillwatch.com/2014/08/15/real-estate-sales-8414-8814/
Granite countertop city
Last week, the mayors of Chapel Hill and Carrboro held a press conference to wring their hands over the affordable housing crisis wrought by owner/investors of workforce apartment complexes no longer accepting Section 8 vouchers because those owner/investors realized they could install granite countertops and double the rent. While the mayors were pleading with those […]
Posted by Nancy Oates on August 11, 2014
https://chapelhillwatch.com/2014/08/11/granite-countertop-city/
Real estate sales 7/28/14-08/01/14
Edward B. and Loren G. Pease bought 606 Aberdeen Drive from Kenji C. and Amanda B. Brantley for $692,500. Matthew Miele and Nina Bellucci Butler bought 101 Garden Gate Drive from Christopher and Holly Rio for $503,000. Danai B. Adkisson and Kelsie A. Edwards bought 124 Friar Lane, Carrboro, from Ronnie L. and Maria Clara […]
Posted by Nancy Oates on August 8, 2014
https://chapelhillwatch.com/2014/08/08/real-estate-sales-72814-080114/
Real estate sales, 7/14/14-7/25/14
Elke Bachmann bought 106 Baywood Place from Jennifer Elizabeth Spratt for $210,000. Kevin and Jennifer Krueger bought 18 Balsam Court from Thomas H. and Carol H. Kawula for $400,000. Susan A. McGovern bought 112 Wolf’s Trail from Bertram Joseph and Melina M. Furey for $520,000. William Gustavo and Natalie Gott Vizuete bought 202 Oak Glen […]
Posted by Nancy Oates on August 8, 2014
https://chapelhillwatch.com/2014/08/08/real-estate-sales-71414-72514/
Escape hatch
When Jim Ward asked Roger Stancil why renovations to Town Hall toted up to $1.2 million dollars — recall this was work that began as repairing water damage after council chambers and the ground floor of Town Hall flooded last year during a torrential downpour — Stancil said it was to remake the ground floor […]
Posted by Nancy Oates on August 4, 2014
https://chapelhillwatch.com/2014/08/04/escape-hatch/