Name: Raleigh searching for real estate broker to help with affordable housing
Uploaded: 2021-10-27T17:48:12-0400
Duration: 180846
Description: City officials want to use $12 million from an affordable housing bond Raleigh voters approved last year to buy land or existing buildings for housing.

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City officials want to use $12 million from an affordable housing bond Raleigh voters approved last year to buy land or existing buildings for housing.

THE S&P IS DOWN 23 NASDAQ IS UP >> PROBABLY IS HIRING ITS OWN REALTOR. THE CITY WAS TO WORK WITH THE REAL ESTATE BROKERAGE FIRM TO FIND AN BUY PROPERTIES TO TURN INTO AFFORDABLE HOUSING. ONE OF THE AREAS WHERE THE CITY IS LOOKING FOR LAND, MATT? >> THAT IS BECAUSE WESTERN BOULEVARD HERE IS ONE OF THE SITES OF THE FUTURE TRANSIT STOP THAT WAY PEOPLE CAN GET TO THEM EASILY. ANYHOW CENTER AND MOLLY KNOWS THAT IT IS A VERY COMPETITIVE MARKET. THE CELL SIGNS COME DOWN AS CLOSE QUICKLY TO WHAT. >> BASES UP AND THE LIKE ABOUT THE TIME THEY GET TO LOOK AT IT, IT IS OFF THE MARKET. PATRICK DUNN IS THE DIRECTOR OF PLANNING AND DEVELOPMENT FOR THE CITY BUT JUST LIKE A HOMEBUYER, THE CITY IS A SHOPPING AROUND FOR A REAL ESTATE BROKER TO FIND LAND FOR FUTURE AFFORDABLE HOUSING OR PROPERTIES RIGHT FOR REDEVELOPMENT. >> IN ORDER TO STAY COMPETITIVE WITH THE MARKET AND WORK AT THE SPEED OF THE MARKET, WE NEED A REAL ESTATE BROKER PARTNER TO ASSIST US POINT >> RIGHT NOW 41% OF RENTERS AND 16% OF HOMEOWNERS AND WAKE COUNTY OR CONSIDERED COST BURDEN, MEANING THEY SPEND 30% OR MORE OF THEIR BUDGET ON HOUSING. THAT IS ACCORDING TO THE NORTH CAROLINA HOUSING COALITION LED BY SINGLE GOT THERE. >> THEY'RE GOING TO TRY TO FIGURE OUT HOW THEY CAN ENGAGE IN ACQUIRING THE PROPERTY TO MAINTAIN SOME LEVEL OF AFFORDABILITY. >> THE CITY HAS $2 BILLION TO BUY UP LAND BUILD THE AFFORDABLE HOUSING BY A BOND REFERENDUM. THERE HAVE BEEN HAVE A REAL ESTATE FIRM TO BRING ON BOARD BY THE END OF THE YEAR TO TAKE TO CITY COUNCIL POINT

Maggie Brown

Lauren DesArmo

Matt Talhelm

Raleigh searching for real estate broker to help with affordable housing

affordable housing,city of raleigh,real estate

WRAL-TV News Broadcasts: Watch each newscast live or watch the most recent newscast on demand.

WRAL Late News 

Get the latest WRAL WeatherCenter Forecast whenever you need it, including the DUALDoppler5000 and the 7-Day Forecast.

I'm meteorologist K Campbell in the wr a severe weather center starting a new week on Monday. So here's what to expect as you gear up for the new week. Rain chances will be climbing, especially Tuesday and Wednesday. We are going to get a nice little break from the heat this week. So enjoy the spring like weather while it's here with us no more nineties on our seven day forecast, I would say the best days to be out and about do anything outside look like they're gonna be on Monday and Thursday of this week. So here's this set up. We've got a lot of moisture and rain falling in parts of Texas, Louisiana, Arkansas. Right now, we're going to see all the moisture from this system and some of the energy make it to North Carolina starting Monday night, Monday during the day, things should be dry. We've got this area of high pressure overhead but we will begin to see an increase in cloud cover throughout the day. And then late Monday night, we'll see a warm front lift through the area that could generate some spotty light showers overnight into Tuesday. And then during the day. Tuesday, we've got more lift in the atmosphere. It's a cloudy day, a much cooler day and we should see rain on and off throughout the day. But rain is likely you'll at least get a period of rain. Tuesday. More than likely it's, there should still be some breaks in the rain at least. And then some thunderstorms could be mixed in as well. This is as far out as that high resolution model goes right now, but we've got a nice break from the heat coming our way. 79 is our normal high. This time of year, we're going to be near or slightly above normal most days. The exception is Tuesday with the highest rain chances, temperatures will be a little cooler just 73 for the high tonight. It's a cool night, really, comfortably cool. Enjoy it while you can. It's probably one of our last ones of the season. Upper forties to lower fifties across the area tonight. 50 Raleigh 49 in Rocky Mount. And for your Monday forecasts, ties are in the upper seventies for Roxboro and South Hill. 81. The high in Durham, Raleigh Rocky Mountain, Southern Pines, 82 degrees in Fayetteville and Goldsboro. Your seven day forecast looking pretty nice. But we've got rain chances coming our way Tuesday and we'll see some scattered storms on Wednesday as well. It's about a 60% chance Wednesday, but an 80% chance Tuesday, Thursday, rain chances are lower at just 20%. 82 degrees and partly cloudy Friday late in the day into Saturday, we could see some scattered storms move in. Not looking like a washout though. It does look like we'll have a drier into next weekend. 84 partly cloudy next Sunday.

WRAL WeatherCenter Forecast

Nightly N.C. Education Lottery drawings during the 11 p.m. News.

Good evening, Darren vaught here with tonight's drawings for Sunday. May 12th, 2024. Let's get started as always with Carolina pick three where the first winning number is nine. The second is one and the third is five and our pick three. Fireball number is three. Joining me for tonight's drawing is our auditor from mcconnell and Jones L LP. We move along to Carolina pick four. The first pick four, number is six. The second is five. The third, also five in the fourth is four. And our pick four. Fireball number tonight is, is, where is it there? It is. It's seven turning now to the Carolina cash five. If no one wins the top prize tonight, tomorrow's top prize is estimated at $997,000. It's getting up there. Good luck. The first cash five is 28. The second is 32 the 3rd 26. The 4th 10 in the fifth and final number tonight is a 13 over the past 16 years. The lottery has contributed over $10 billion to education. Thanks for playing

Evening Pick 3 Pick 4 and Cash 5

Daytime Pick 3 and Pick 4 drawings are held at 3 p.m. daily. They can be seen as live or on-demand video.

Good afternoon. I'm back. Global. Welcome to this afternoon's drawings for Sunday. May 1220 24. Let's get started with Carolina pick three. The first pick three number is five. The second is three. The third is two and our pick three fireball number is nine. Joining me for this drawing is our auditor for the Connell and Jones L LP. Now move on to Carolina pick for the first four. Number is one. The second is three. The third is zero. The fourth is five and our pick four. Fireball number is seven. The North Carolina education lottery has contributed over $10 billion to education. Thanks for your support and thanks for playing.

Daytime Pick 3 and Pick 4 Drawing

On Sunday morning Duke University will award nearly 7,000 graduates during its annual commencement ceremony. Legendary comedian Jerry Seinfeld, father of a current Duke student, will be the commencement speaker. 

Comedian Jerry Seinfeld shares his keys to life with Duke grads

Yeah, welcome to Duke University's 2024 commencement ceremony. Please direct your attention to the end of the field and welcome the Duke University class of 2024. Now entering the stadium and throughout the processional march are the candidates for degrees from Trinity College of Arts and Sciences entering. Now are the candidates from the Pratt School of Engineering? Next, please welcome the candidates from the Sanford School of Public Policy. Now, the candidates from the Nicholas School of the Environment currently entering the stadium are the candidates from the Fuqua School of Business entering. Now are the candidates from the School of Nursing? Welcome the candidates from the Divinity School currently entering are the candidates from the School of law. Please welcome the candidates from the School of Medicine. Now, entering are the candidates from the graduate school.

Jerry Seinfield to speak to nearly 7,000 graduates at Duke commencement ceremony

Monday, Wednesday, and Saturday Powerball drawings, as shown live on WRAL.

EXCITEMENT. >> IT'S TIME TO PLAY AMERICA'S FAVORITE JACKPOT GAME. THIS IS POWERBALL. GOOD EVENING. ONE RATED TRAINER TONIGHT. WE HAVE ANOTHER LIFE-CHANGING JACKPOT IS WORTH AN ESTIMATED. 37.2 MILLION DOLLARS TO GET YOUR TICKETS READY THERE. COME TONIGHT'S WINNING NUMBERS. LET'S START THINGS OFF THIS EVENING WITH THE NUMBER 6. WITHOUT THAT AMERICA, WE HAVE THE NUMBER. 49 AND CONGRATULATIONS TO OUT THE APA FROM MARYLAND. HE WON $50,000 PLAYING POWERBALL. I DRESS YOUR WINNING NUMBERS. 39. 67 AND AROUND THAT NIGHT WITH THE NUMBER 3. AND I-25 ALL NUMBER THAT'S GOING TO BE 21. AND THE PROBLEM MULTIPLIER IS 2. >> LET'S TAKE ANOTHER LOOK AT TONIGHT'S WINNING NUMBERS. REMEMBER, THERE ARE MULTIPLE WAYS TO WIN. GOOD LUCK. EVERYONE WILL SEE YOU BACK HERE

Powerball Drawing

The University of North Carolina at Chapel Hill is holding its 2024 graduation ceremony Saturday evening. 

Raleigh searching for real estate broker to help with affordable housing

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Raleigh searching for real estate broker to help with affordable housing

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