News & Press
Teaming up with levelle moton to build affordable homes | News & Observer
April 2, 2024 - Teaming up with LeVelle Moton and Haven Design | Build, Raleigh Area Land Trust (RALT) has secured $8.3 million to construct 18 affordable homes, featuring a mix of rental units and homes for sale, with a focus on preserving the neighborhood's rich history and combating gentrification.
Affordable homeownership coming to Wake County with cottages in historic area | CBS-17
March 31, 2024 - In Wake County's historic Idlewild area, the Raleigh Area Land Trust has secured $8.3 million to develop 18 affordable homes, aiming to address the pressing need for affordable housing. With support from Raleigh, construction is set to begin this summer, with families expected to move in by the end of next year, and a long-term goal of constructing 100 homes over the next five years to maintain affordability in the neighborhood.
Raleigh affordable housing projects progress with city funding | Triangle Tribune
February 28, 2024 - Explore how partnerships with organizations like Raleigh Raised Development are bringing forth innovative projects like The Cottages of Idlewild, aiming to revitalize historic communities and address racial equity in housing.
Raleigh sold property for $1. Here's what the affordable homes will cost | Triangle Business Journal
February 9, 2024 - Downtown Raleigh is set to welcome affordable homes priced no higher than $215,000, as the Raleigh Area Land Trust and Raleigh Raised Development secure unanimous approval for $700,000 in gap funding from the Raleigh City Council. With construction anticipated to begin in May and completion expected by 2025, the initiative aims to provide sustainable homeownership opportunities for residents earning between 50 to 60 percent of the area median income.
City Invests in First Affordable Cottage Court Development | Raleighnc.gov
February 8, 2024 - Raleigh City Council's recent decision on February 6th advanced the development of The Cottages of Idlewild, Raleigh's inaugural affordable "cottage court" community led by the Raleigh Area Land Trust (RALT). With plans for 18 affordable housing units catering to lower-income residents, the project aims to address housing affordability challenges, offering opportunities for up to 200 individuals over the next three decades.
NCCU basketball coach's affordable housing project for Raleigh receives more funding | WRAL
February 7, 2024 - North Carolina Central University basketball coach LeVelle Moton's collaboration with the Raleigh Area Land Trust to develop 1.8 acres into 18 cottage-style homes will provide affordable homeownership opportunities and revitalize the Idlewild community's legacy. The project reflects a commitment to rectify historical inequities and empower future generations through sustainable homeownership, exemplifying a meaningful response to past challenges.
NC Central basketball coach LeVelle Moton focused on making homeownership a reality in southeast Raleigh | CBS 17
February 6, 2024 - Teaming up with the Raleigh Area Land Trust, North Carolina Central University basketball coach LeVelle Moton aims to offer 18 cottage-style units for sale and rent, addressing long standing disparities in homeownership and income rates while honoring the area's historical significance.
At 62, Raleigh veteran purchases his first home at ‘fair-market value.’ Here’s how | News & Observer
November 8, 2023 - James Watson, 62, a veteran and lifelong Raleigh resident, is the first to buy a home through the Raleigh Area Land Trust, which provides homeownership opportunities to individuals and families earning between 50-80% of the Area Median Income (AMI) for Wake County.
Veteran takes part in housing milestone in Raleigh | Spectrum News
June 20, 2023 - Raleigh Area Land Trust achieves a significant milestone with the sale of its first home to Army veteran James Watson, marking a key step in our mission to provide affordable housing for low-to-moderate income families in Wake County.
Affordable cottage court development coming to DT Raleigh | Triangle Tribune
November 11, 2022 - The Cottages of Idlewild, a 17-unit affordable housing development in downtown Raleigh, aims to provide housing opportunities for first-time homebuyers at 50% to 60% of the area median income, with plans for 13 units for sale and four rental units. Led by the Raleigh Area Land Trust (RALT) and Raleigh Raised Development, the project emphasizes community-building with common areas and mixed-income diversity.
For LeVelle Moton, playing the game of life means rebuilding his Idlewild neighborhood in North Carolina | Andscape
October 22, 2021 - The Cottages of Idlewild, in collaboration with the Raleigh Area Land Trust, reflects LeVelle Moton’s dedication to creating opportunities and restoring community resilience.
NCCU basketball coach to bring affordable housing to historic Black neighborhood where he grew up | WRAL
July 21, 2021 - In Raleigh's West Idlewild neighborhood, a plot of land valued at $1.45 million was sold for $1, where the Cottages of Idlewild subdivision will be built as part of efforts to increase affordable housing. With 13 units for sale to those making 50-60% of the area's median income and four units for those making 80% or below, the initiative seeks community support to fund development through the Raleigh Area Land Trust.