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White Oak Foundation Townhouses & Senior Housing
White Oak Foundation Townhouses & Senior Housing
White Oak Foundation, a faith-based community service organization, is developing the townhouses and plans to develop senior housing on their Western Cary community campus.
About the development
White Oak will build 30 townhouses, 15 affordable for households earning 80% of Area Median Income (AMI) or less. The larger development also includes a daycare and plans to build 60 units of affordable senior housing.
Overview
- 30 townhouses, 15 reserved for households earning less than 80% of the Area Median Income, “AMI” (See eligibility for more information.)
- Future 60 units of affordable senior housing reserved for households earning less than 80% of the Area Median Income, “AMI” (See eligibility for more information.)
Map
View our map here.
Partners
- White Oak Foundation, See Website for more information on White Oak’s community programming, facilities, and plans.
Eligibility
Eligibility for most affordable housing programs is determined by the Area Median Income (AMI), which is determined each year by the U.S. Department of Housing and Urban Development. For this townhouse development, 15 of the units will be sold to households earning at or below 80% of the AMI. Rent prices are not fully determined until the end of construction and will vary by applicant income and household size.
This property is within the Raleigh-Cary Metropolitan Statistical Area or (MSA) which includes Wake, Johnston and Franklin counties. The Federal Government (OMB) delineates these areas based on population as well as social and economic interaction. The income numbers derive from the ACS- American Community Survey data and are the standard for defining affordability used by federal, state, and local governments. The current AMI thresholds for the Raleigh-Cary MSA are listed here.
Imagine Cary Community Plan & Housing Plan
This development furthers Cary Community LIVE Chapter Policies and Housing Plan Goals by:
- Providing more housing choices for all residents
- supporting residential development on a mixed use site
- Encouraging and supporting the provision of affordable dwellings
- Supporting partnerships with nonprofit organizations and developing on church land
Timeline
More information
If you are a prospective and interested tenant, please reach out to White Oak Foundation, Inc. at 919-362-6799 or visit White Oak Foundation’s website, here. For general questions on the White Oak Foundation Townhouses and Senior Housing development, please contact Cary’s 311 center.