North Carolina Construction News staff writer
Cary Town Council approved the 2025-2030 CDBG Consolidated Plan and 2025-2026 Annual Action Plan, recommending over $3.6 million in funding for housing initiatives this year.
Funds will support the construction of 62 new affordable housing units, rehabilitation of four affordable rental homes, preservation of approximately 30 homes for low-income homeowners, as well as emergency assistance for residents experiencing housing instability.
The Cary Town Council has approved the draft Community Development Block Grant (CDBG) 2025-2030 Consolidated Plan and draft 2025-2026 Annual Action Plan, which recommends awards totaling over $3.6 million in funding.
This investment will support the construction of 62 new affordable housing units, the rehabilitation of four existing affordable rental homes, and the improvement of approximately 30 homes for low-income homeowners. In total, these initiatives are expected to benefit more than 2,000 Cary residents by supporting new housing and housing stability. A list of the organizations that will benefit from the fund allocations can be found online here.
The funding is guided by four core objectives highlighted in the 2025-2030 Consolidated Plan:
- Rehabilitate and preserve existing housing
- Build vibrant and livable neighborhoods
- Provide more housing choices
- Support public services for residents facing homelessness and housing instability
“These plans reflect Cary’s commitment to creating more high-quality, sustainable and affordable housing opportunities,” said Heather Whelehan, Cary’s Director of Housing & Community Partnerships. “We’re investing not just in buildings, but in people and the partnerships that build a stronger community.”
The 2025-2026 Annual Action Plan identifies immediate projects to be launched in the upcoming fiscal year with a blend of local and federal funds, ranging from new affordable housing development to housing preservation and emergency assistance.
The draft plan will be submitted to the U.S. Department of Housing and Urban Development (HUD) for final approval. For more information on the recipients of these awards, initiatives, and drafted plans, visit housing.carync.gov.