Category Archives: Local

City of Sanford Commits $4.2 Million for Affordable Housing

(memo from City of Sanford) Sanford City Council has committed to spending $4,268,444 for four transformative community initiatives as defined by the American Rescue Plan Act (ARPA). *$690,444 – to provide and protect affordable housing. The City of Sanford will contract with Brick Capital Community Development Corporation to provide home buyer education. The City willContinue reading “City of Sanford Commits $4.2 Million for Affordable Housing”

Fayetteville City Council Update

The following agenda items were voted on by the Council as they pertain to the real estate industry. *Rezoning of property from Office Institutional to Limited Commercial located at the intersection of McArthur Road and Stacy Weaver. The city’s paperwork does not state the commercial development. This rezoning PASSED. *Annexation APPROVED along the western sideContinue reading “Fayetteville City Council Update”

Cumberland County Commission Update

The following rezoning’s were voted on as they pertain to the real estate industry. Wayne Younts Realty & Construction requested a rezoning from A1 Agricultural District to R40 Residential District for 35.83 acres. The property is located adjacent to Wade Stedman Road and Royal Williams Road. The planning board and staff recommended APPROVAL. The purposeContinue reading “Cumberland County Commission Update”

PWC Update on Customer Rates

(from Public Works Commission memo) The Fayetteville Public Works Commission took action Wednesday July 27 that maintains PWC’s current base electric rates, reduces customer fees, introduces optional electric rates that will offer customers’ choice and continue to support PWC conservation efforts as well as support economic development. PWC’s NEW optional Whole Home/Business rate will provideContinue reading “PWC Update on Customer Rates”

Town of Hope Mills Update

Town Manager Scott Meszaraos gave an update to Hope Mills Commissioners on the “State of the Town.” The following information was presented as it pertains to real estate. Development Between the period of June 2021 through July 2022 there have been 10 voluntary annexations for commercial and residential development *1,000 plus proposed single family residentialContinue reading “Town of Hope Mills Update”