Moore Square affordable housing development moving forward
>> NUMBER ONE, SOURCE FOR LOCAL
NEWS. THIS IS WRAL.
>> RIGHT NOW AT FIVE-THIRTY,
BIG CHANGES ARE ON THE WAY FOR
DOWNTOWN RALEIGH. TAKE A LOOK
AT YOUR SCREEN. THESE NEW
RENDERINGS FOR A NEW HOTEL,
MORE RETAIL SPACE AND AN
AFFORDABLE HOUSING DEVELOPMENT
IN MOORE SQUARE. IT'S THIS SPOT
FOR THE CITY. FEELS WILL HAVE
THE GREATEST IMPACT IN THE
NEIGHBORHOOD OFTEN IN THE
SPOTLIGHT FOR THE WRONG
REASONS. THANKS SO MUCH FOR
JOINING US TONIGHT. I'M LENA
TILLETT AND I'M DAN HAGGERTY.
LET'S GET THINGS STRAIGHT OUT
TO WRAL. SHAUN GALLAGHER.
HE'S THERE LIVE NOW HAS BEEN
COVERING THIS STORY FOR TODAY.
LEARNING ABOUT THIS PROJECT.
>> WHAT TYPE OF CHANGE DO THEY
THINK IT'LL MAKE SHOT?
>> YEAH, DAN LENO, THEY'RE
REALLY TRYING TO TAKE THE BY
THAT YOU HAVE HERE AT MOORE
SQUARE. JUST A BEAUTIFUL PLACE
AND HAVE A GO NEIGHBORHOOD.
WHY THIS 160 AFFORDABLE RENTAL
UNITS WILL GO RIGHT ACROSS THE
STREET FROM MOORE SQUARE.
ONE OF MANY PROJECTS THE CITY
HAS ON PACE TO SHATTER ITS 10
YEAR GOAL FOR AFFORDABLE
HOUSING. BUT IT'S THIS PROJECT
THAT COULD CHANGE THE
PERCEPTION OF MOORE SQUARE.
>> MORE SQUARES POTENTIAL IS
BEST SEEN ON A BEAUTIFUL DAY
DOWNTOWN. I THINK IT'S A LOVELY
TIE. COLLINS AND HER FRIEND
JACK THINK MORE SQUARE SHOWS
THE EVOLUTION OF THIS
NEIGHBORHOOD. I THINK IT USED
TO BE A PLACE WHERE PEOPLE
CONGREGATED AT NIGHT WHO ARE
STRUGGLING, BUT I THINK BY JUST
BRINGING MORE OPPORTUNITY AND
MORE LIFE TO THE AREA OF
DOWNTOWN IS GOING TO HELP.
>> THE CITY WILL UTILIZE THESE
3 SPACES AS PART OF THE PROJECT
WITH AFFORDABLE HOUSING UNITS
GOING HERE AT THE CORNER,
BLOODWORTH AND MARTIN STREETS,
THE 160 UNITS WILL HAVE RAN
AS LOW AS $568 HIGHER AND UNITS
COULD GO UP TO MORE THAN $2200
A MONTH WHEN I HEAR THAT HIGHER
NUMBER, THAT DOESN'T SOUND LIKE
AFFORDABLE YEAH, YEAH. AND PART
OF THAT IS BECAUSE OUR OUR
INCOMES ARE HIGHER HERE IN
RALEIGH. BUT ALSO YOU HAVE TO
THINK ABOUT THOSE ARE FOR LIFE.
>> MORE BEDROOMS WRITE OUT A
LARGER EVENT FOR BOTH THE UPPER
AND 70 OR 80% OF THE AREA.
>> BRANDT EXPLAINS THE UNITS
WILL BE SPLIT UP ACCORDING TO
THE AREA, MEDIAN INCOME HELPING
PEOPLE AT A VARIETY OF INCOME
LEVELS AVAILABLE TO A SINGLE
PERSON MAKING LESS THAN $60,000
A YEAR OR FOR A FAMILY OF 3 WHO
MAKES LESS THAN $77,000 A YEAR
BECAUSE OF THE FOLKS WHO NEED
IT THE MOST RIGHT THERE.
THEY'RE THE ONES WHO ARE HAVING
THE HARDEST TIME PAYING AROUND
HER OR SAVING UP TO BUY A HOME,
A FOCUS THEY HOPE WILL CHANGE
THE PERCEPTION OF MOORE SQUARE.
>> DESPITE IMPROVEMENTS IN
CRIME DOWNTOWN COMPARED TO LAST
YEAR, RALEIGH POLICE DATA SHOWS
THEFTS FROM VEHICLES, WEAPONS
VIOLATIONS AND STOLEN VEHICLES
ARE MUCH HIGHER THAN THEY WERE
5 YEARS AGO BY PROVIDING
AFFORDABLE HOUSING. HOPEFULLY
ALLOW IMPORTS HAVE A MORE
STABLE PLATFORM AND THAT WE
SHOULD SEE A REDUCTION IN CRIME
BECAUSE GOD.
>> SO THIS PROJECT IS
REPRESENTATIVE OF A BIGGER
PICTURE FOR THE CITY TO HAVE
MORE AFFORDABLE HOUSING.
THEY SET A 10 YEAR GO BACK IN
2016 OF NEARLY 6,000 NEW
AFFORDABLE HOUSING UNITS AND
THEY ARE ON PACE TO BEAT THAT
BY ABOUT 1000 MORE UNITS.