The Triangle LivingThe Triangle Living
  • Home
  • Latest News
  • Real Estate
  • Business
  • RTP
  • Chatham Park
  • Food and Drink

Subscribe to Updates

Get the latest Real Estate, Finance news directly to your inbox.

What's Hot

Let’s Get High

May 25, 2023

Seaside Snacks

May 25, 2023

New home sales climbed more than expected in April

May 23, 2023
Facebook Twitter Instagram
Facebook Twitter YouTube Telegram
The Triangle LivingThe Triangle Living
Consult Subscribe
  • Home
  • Latest News
  • Real Estate

    New home sales climbed more than expected in April

    May 23, 2023

    Examining how Raleigh’s proposed budget will impact transportation, housing

    May 17, 2023

    New home construction rose in April after a dip in March

    May 17, 2023

    ‘We need more of it’: Construction begins on new affordable housing development in Raleigh

    May 10, 2023

    More homes sitting on market and selling under asking price, new housing data shows

    May 9, 2023
  • Business
  • RTP
  • Chatham Park
  • Food and Drink
The Triangle LivingThe Triangle Living
Home » City, county leaders working with longtime Triangle residents to keep them in their homes
Real Estate

City, county leaders working with longtime Triangle residents to keep them in their homes

Press RoomBy Press RoomOctober 22, 2021No Comments2 Mins Read0 Views
Facebook Twitter Telegram Tumblr Reddit WhatsApp
Share
Facebook Twitter LinkedIn Pinterest Email

By Sarah Krueger, WRAL Durham reporter

Raleigh, N.C. — The real estate boom in the Triangle is pushing property taxes higher, and that means some longtime homeowners are facing displacement.

Longtime Triangle residents are watching their neighborhoods change around them.

City and county leaders are working to ensure those people, who have been there for years, can stay.

“The Triangle is a really rapidly growing area. There’s a lot of interest, people moving here, and that’s driving up property values,” said Erika Brandt, housing and community development manager with Orange County.

This month Durham and Orange counties both launched similar programs to help longtime, low-income homeowners with their property tax bills.

“This definitely provides some relief to our low-income and fixed-income individuals and our elderly population,” said Lee Little, Durham County program manager for aging and adult services

To be eligible for help, homeowners must have lived in a Durham or Orange County home for at least 10 years.

Durham County has $125 million to distribute in $750 allotments to families who make less than $26,500 per year.

Orange County has $250,000 that will be available to households with an annual income up to $69,100. Each household can apply for funds to make up any difference in property taxes from 2020 to 2021.

“There’s definitely already a lot of inquiries, a lot of interest out there,” said Brandt.

Applications for both programs close in December.

To confirm eligibility and apply in Durham visit their website HERE

Orange County homeowners can apply three ways:

  • CLICK HERE to access the online application portal
  • Paper applications available at the Housing Dept offices in Hillsborough and Chapel Hill
  • Call the Housing Helpline at 919-245-2655 for more info and help applying

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Previous ArticleWake group calling for relief from rising property taxes forcing displacement
Next Article Raleigh to hire real estate firm to help build affordable housing

Related Posts

New home sales climbed more than expected in April

May 23, 2023

Examining how Raleigh’s proposed budget will impact transportation, housing

May 17, 2023

New home construction rose in April after a dip in March

May 17, 2023

‘We need more of it’: Construction begins on new affordable housing development in Raleigh

May 10, 2023

More homes sitting on market and selling under asking price, new housing data shows

May 9, 2023

‘I just cry’: Families spend years on subsidized housing waiting lists

May 9, 2023
Add A Comment

Leave A Reply Cancel Reply

Top Articles

Seaside Snacks

May 25, 2023

New home sales climbed more than expected in April

May 23, 2023

Veggie Tales

May 19, 2023

Subscribe to Updates

Get the latest Real Estate, Finance news directly to your inbox.

Advertisement

Your Top Source for the latest Real Estate, Finance, Business and general news about North Carolina, Follow us to get the latest news from the most trusted sources.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest YouTube
Top Insights

Top UK Stocks to Watch: Capita Shares Rise as it Unveils

January 15, 2021
8.5

Digital Euro Might Suck Away 8% of Banks’ Deposits

January 12, 2021

Oil Gains on OPEC Outlook That U.S. Growth Will Slow

January 11, 2021

Subscribe to Updates

Get the latest Real Estate, Finance news directly to your inbox.

© 2023 The Triangle Living. All rights reserved.
  • About
  • Privacy Policy
  • Terms and Conditions
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.