Washington Terrace is set to add 166 income-restricted family apartments as developer DHIC, Inc. moves its Fisher Grove project closer to a construction start—with Wake County’s environmental review now complete.
Wake County’s environmental review record shows a Finding of No Significant Impact for the project at 401 Elders Grove Way, clearing the path toward a formal request for the release of federal funds.
Every one of the 166 units will be priced for households earning at or below 60% of area median income (AMI)—a threshold that covers many families increasingly priced out of Wake County’s rental market as rents have climbed sharply since the pandemic…