Cary breaks ground on first mixed-income housing, to be completed by 2026

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Monday, October 28, 2024 10:18PM
 Cary breaks ground on first mixed-income housing
Cary breaks ground on first mixed-income housingThe Town of Cary will develop mixed-income housing, which will include 126 rental units and environmentally sustainable features.

CARY, N.C (WTVD) -- Cary Town Council will hold a ceremonial groundbreaking on Monday for the first mixed-income housing development on town-owned land.

On SE Maynard Road, there will be 126 new unit rentals, with 64 of them specifically for low and moderate-income households. It will also have environmentally sustainable features, such as solar and green stormwater infrastructure.

A new greenway and public road will be built too.

On SE Maynard Road, there will be 126 new unit rentals, with 64 of them specifically for low and moderate-income households.
On SE Maynard Road, there will be 126 new unit rentals, with 64 of them specifically for low and moderate-income households.
Photo | Town of Cary

SEE ALSO | Wake County breaks ground on affordable housing units in Garner

Cary is expected to welcome new residents in 2026, according to a Monday press release.

From 11:30 a.m. to 12 p.m., the celebration will include words from United States Congresswoman Deborah Ross, Cary Mayor Harold Weinbrecht and Laurel Street Executive Director Lee Cochran.

This was made possible by the Cary Housing Plan adopted by the council in 2021, as well as federal and county funding.

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