|
|
Friday, 11 December 2009 18:11 |
|
United Way of the Cape Fear Area Receives $50,000 Grant |
|
Grant will support the efforts of the 10 Year Plan to End Chronic Homelessness
WILMINGTON, N.C. – United Way of the Cape Fear Area has received a $50,000 grant from the Blue Cross and Blue Shield of North Carolina (BCBSNC) Foundation to fund a dedicated SOAR caseworker position. That caseworker will represent chronically homeless people in applying for Social Security disability benefits, SSI and Medicare.
|
|
READ MORE >
|
|
|
Friday, 20 November 2009 14:08 |
|
Local green businesses receive more than $130K in fed funds |
|
Two Wilmington green businesses are among 18 in North Carolina to receive federal recovery funds to support green and alternative energy technologies and products.
Holloman Investing LLC in Wilmington received a $60,000 grant to install wind turbines on commercial facilities in Bladen County. The Cape Fear Green Building Alliance (CFGBA), a local non-profit organization, received $79,368 to provide a series of professional training workshops to local builders on green building techniques to improve energy efficiency in homes of economically disadvantaged individuals.
|
|
READ MORE >
|
|
|
Wednesday, 23 September 2009 15:50 |
|
Mortgage Delinquencies at a Record High |
|
Reuters NEW YORK - High U.S. unemployment keeps pushing up the rate of mortgage delinquencies, which could in turn drive personal bankruptcies and home foreclosures, monthly data from the Equifax Inc credit bureau showed on Monday.
Among U.S. homeowners with mortgages, a record 7.58 percent were at least 30 days late on payments in August, up from 7.32 percent in July, according to the data obtained exclusively by Reuters.
|
|
READ MORE >
|
|
|
Friday, 11 September 2009 14:58 |
|
Debt and Foreclosure |
|
Gov. Beverly Perdue has signed into law a measure giving North Carolinians new protections against foreclosures and intimidating debt collection practices. Once the new law takes effect next month, it will allow a clerk of court to postpone a foreclosure hearing for up to 60 days to allow a homeowner more time to work out a payment plan with the mortgage holder and remain in their home. "During this recession, thousands of North Carolinians have lost their homes because of foreclosure," Perdue said. "When a home is foreclosed it's bad for our families, it's bad for our communities, it's bad for our businesses and it's bad for North Carolina. This bill makes it easier for homeowners to work out a deal with their lenders and avoid foreclosure." The measure, approved by lawmakers last month, was backed by Attorney General Roy Cooper.
|
|
READ MORE >
|
|
|
Thursday, 10 September 2009 20:09 |
|
New NC Law Designed to Permit More Affordable Housing Developments |
|
Developers of affordable rental and for-sale housing are often frustrated by the opposition of neighborhood groups. Their complaints range from traffic impacts to fears that housing which is affordable to lower-income families will reduce surrounding property values to concerns, often unsubstantiated, that crime will increase. These opponents are vocal and influential with zoning officials who are asked to provide entitlements to permit the development of affordable housing. The result of successful opposition to affordable projects in middle and upper income neighborhoods is a concentration of affordable housing in high poverty neighborhoods.
On August 28, 2009, Governor Purdue, to the surprise of many observers, signed Session Law 2009-533 which provides a strong impetus for local elected and zoning officials to allow affordable housing to be developed in spite of neighborhood opposition.
|
|
READ MORE >
|
|
|
Wednesday, 12 August 2009 16:30 |
|
New leadership, new vision |
|
The vacant Nesbitt Court on Carolina Beach Road recently received funds from the American Recovery and Investment Act for possible demolition, according to Wilmington Housing Authority officials. The former government housing community received $3.06 million with $1.4 million going towards demolition and $850,000 set aside for new structures. Other funds are for hiring an outside commercial realty agent to sell the property. The two options are not contradictions, as the Authority is “pursuing parallel tracks,” according to Authority Chief Operating Officer Adrian Early.
“Right now our board has told us to weigh the options,” Early said.
The funds from the American Recovery and Investment Act must be spent within three years and also includes improvements to Hillcrest and Houston Moore. Also, $300,000 from the grant is for public housing consultants to advise the Authority how to plan best for growth.
|
|
READ MORE >
|
|
|
Wednesday, 12 August 2009 16:25 |
|
Study: N.C. ranks 21st in affordable housing |
The average worker in North Carolina needs to earn more than twice the minimum wage to afford a two bedroom apartment, according to a new study from The National Low Income Housing Coalition.
The study ranks states based on their housing affordability. North Carolina ranks 21st, behind South Carolina (18) and Tennessee (14) but ahead of Virginia (39) and Georgia (27). The reports says that individuals in North Carolina would need to earn $13.33 per hour to afford rent and utilities. Minimum wage is currently $6.55 per hour, though it will increase to $7.25 on July 24.
|
|
READ MORE >
|
|
|
|
|
|