WILMINGTON, N.C. (WHQR) – At a Wilmington Housing Authority board meeting on Tuesday, CEO Tyrone Garrett said the 138 units at Creekwood that are low-income housing tax credit units also have project-based vouchers associated with them — meaning steep rent increases feared by tenants won’t materialize.
The Wilmington Housing Authority is not raising rents at Creekwood after all.
Earlier this week, WHA learned from the state that it had vouchers that would stabilize rents — that means the tenants will be able to continue paying 30% of their income, instead of paying a flat rent based on the unit size…