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New supportive housing community landing in Raleigh to house those struggling with homelessness
Raleigh’s revolving door of kindness has swung again! Nonprofit affordable housing developer and property manager CASA has officially broken ground on King’s Ridge, its forthcoming permanent supportive housing community for those in Wake County transitioning out of homelessness.
“We are thrilled to have finally reached this milestone,” says CASA CEO Everett McElveen. “The fact that we’ve made it this far proves that our community cares about affordable housing and wants more of it.”
Having launched in 2020, Phase 1 of CASA’s Campaign for King’s Ridge managed to raise $21.5 million in construction funds, successfully leading the program to Phase 2. CASA is now raising money to go toward trauma-informed design, furnishings, program support and a sustainability endowment to ensure the program’s longevity.
King’s Ridge apartments will provide 100 households to many of Raleigh’s most vulnerable residents (with a focus on housing the chronically homeless and disabled who are earning 30% or less of the Area Median Income), and include community space; offices; and access to invaluable services like childcare, integrated primary and mental health care, and case management—NTM it’s conveniently located minutes from Downtown with a bus stop across the street for easy access to public transportation.
All in all, the program expects to reduce the number of people experiencing homelessness in the county by 10% (!)—a huge deal given housing prices are on the rise in the Triangle and across the nation, which we know all too well at this point. “This brings us one step closer to ending homelessness for over 100 of our neighbors,” adds McElveen.
The concept of King’s Ridge budded from other successful permanent housing models like Charlotte’s Moore Place—a 120-unit apartment community providing homes and supportive services to Charlotte’s lowest income individuals and families. King’s Ridge will only add to CASA’s nearly 500 affordable apartments and homes the nonprofit manages throughout Wake, Durham and Orange counties while continuing its mission to provide access to sustainable, affordable housing for homeless populations.
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