Raleigh residents say yes to improvement bonds

October 11, 2011 6:34:20 PM PDT
Raleigh residents approved two bond issues Tuesday to improve the capital city.

More than 60 percent of voters approved the $40 million bond for transportation. City leaders hope to build a new Union Station and a Moore Square transit station.

The money also will pay for the widening of Tryon Road and new sidewalk construction.

Also approved is the $16 million housing bond.

The money will be used to provide loans for multi- and single-family homes for people with low and moderate incomes.

Both bonds will be paid for by Raleigh residents through an increase in property tax.

To view all of the election results, click here.

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