Latest issueRaleigh's housing and transportation bonds and Wake Tech's $149 million bond passRead now

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ElectionsWednesday, November 4

Raleigh's housing and transportation bonds and Wake Tech's $149 million bond pass

The 5AM Cary teamFrom today’s edition · 1 min read · 2 sources

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If you spend time in Raleigh, two more bonds are done. WUNC reports that the city's $101.5 million housing bond and $101.5 million transportation bond passed, along with 's $149 million bond. Raleigh's won't raise property taxes, because the money comes from the city's .

Most of Raleigh's housing bond goes to affordable housing

Sources: WUNC News, Durham Herald Sun

View as table
AmountShare
Creating and preserving housing$57.6M56.7%
Major housing projects$21.5M21.2%
Homelessness response$12M11.8%
Homebuyer assistance, aging in place$10.4M10.2%

In Knightdale, early voters favored a $55 million parks bond in the first results released Tuesday night. It would pay for a community center on a 33-acre parcel at 2004 Marks Creek Road. It would add 3.5 cents per $100 of assessed value in property tax, about $105 extra a year on a $300,000 home.

  • Wake Tech: $65 million to renovate Southern Wake Campus
  • Wake Tech: $43 million for collegewide renewal
  • Wake Tech: $41 million to expand workforce programs

Five bonds on Wake ballots ranged from $55 million to $680 million

Sources: WUNC News, Durham Herald Sun

View as table
Value
Wake schools$680M
Wake Tech$149M
Raleigh housing$101.5M
Raleigh transportation$101.5M
Knightdale parks$55M

Sources: WUNC News, Durham Herald Sun

Read it in the full edition

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