Downtown Durham affordable housing project gets tax credit

More than 80 lower-income people will be able to live affordably in new downtown apartments now that the city has enough money to start building them. Construction will begin next summer on the Jackson/Pettigrew Street mixed-use, affordable-housing development. There will be 82 one- and two-bedroom apartments available for people who earn 60 percent or less of the area median income, or AMI. A two-person household in Durham at 60 percent of the AMI has an annual income of $32,400. (The median household income in Durham is $54,093.)

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Source: The Herald-Sun