In December, WakeUp Wake County hosted a talk with Vicki Been, who laid out both the challenges and opportunities facing Raleigh as it tackles the affordable housing crisis.
Been is no stranger to complex urban issues. She’s the Faculty Director of NYU’s Furman Center for Real Estate and Urban Policy and served as New York City’s Deputy Mayor for Housing and Economic Development. Her core message: Raleigh has made impressive progress, but if it wants to meet demand and maintain affordability, it can’t stop here.
Affordable housing is a critical issue in the Triangle, where “about half of renters are paying more than that 30% amount and another 19% of homeowners are paying more than 30% of their income,” Been said. With median rents hovering around $1,825 a month, a household m…
