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Wake Commissioners Approve Low-Income Housing

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Nearly 80 Cary residents attended a meeting of the Wake County Commission Monday.
RALEIGH — Despite a flood of protest from residents of anup-scale Cary neighborhood, Wake County commissioners voted Monday night to approve financing for an apartment complex including low- andmoderate-income units.

Residents of the nearby Weatherstone and Preston Park subdivisions pleaded withcommissioners to delay the decision, saying they were worried about theimpact on their property values. Resident Polly Brault told WRAL-TV5 that she isconcerned about what will happen.

In the proposed development of the Cardiff Park Apartments complex,about 42 percent of the units will be set aside for people who cannotafford to pay market rates. The commissioners told residents that theircomplaints would be better heard by the Cary Town Council.

The Wake County Housing Authority may now issue revenue bonds of up to $15 million for use in the development of Cardiff Park.

About 80 Cary residents attended the meeting. Commissioners voted 5-1in favor of approval of the proposal. Leo Tew was opposed andcommissioners' Chairman Stewart Adcock was absent.

Development includes plans for a pool, an exerciseroom, walking trails and two playgrounds. The proposed site is a 30 acretract of land off Maynard Road.

Residents told commissioners that Cary officials were sneakingbehind their backs to get the development on track. One reportedly charged that the proposal was being rushed so CP&L could qualify forfederal tax credits.

Residents said they were not happy with the outcome of Monday'smeeting.

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