Cary Residents Watch Plans for Low Income Housing
Posted September 15, 1997
CARY — Some Cary residents are angry about the possibility of a low income housing project moving into the area.
The proposed apartments would be built in a neighborhood currently developed with very expensive homes. Current residents sounded off in a Wake County courtroom Monday.
It was about two weeks ago when people who live in the Weatherstone subdivision were notified via mail that a low-income housing development was being planned for a tract of land adjacent to their neighborhood. Some of the residents say they are very concerned about the proposal. They met Monday with Wake County commissioners, hoping the legislators might reconsider the proposal.
At issue is a $15 million bond proposal to finance the low-income housing development on 30 acres bordering Maynard Road in Cary. Many residents of the nearby subdivision attended the meeting to protest the project. They say the planned 240-unit apartment complex will lower their property values and overcrowd schools. Cary resident Marty Baum said no one is against the idea of affordable housing in Cary.
The developers say the proposed complex will be a very nice development and will include nothing that should concern the current residents.