In August, Councilmembers Lori Bush, Carissa Kohn-Johnson, Michelle Craig, and Sarika Bansal joined staff for a breakfast at Cary Founded to celebrate partner nonprofits and developers working in the housing sector. Earlier this year, Cary Town Council approved housing awards totaling over $7.2 million to these organizations. The funds will facilitate the construction of 226 new affordable housing units and the preservation of 29 existing affordable homes. It will also help people maintain housing stability and assist nonprofits focusing on housing and community development in building organizational capacity in Cary. A full list of the awards, recipients, and projects can be found on Cary’s Housing & Community Partnerships website, housing.carync.gov. Rooted in partnerships and a people-first approach, this investment will further the goals of the Cary Housing Plan and the Imagine Cary Community Plan to ensure all residents can enjoy the high quality of life Cary has to offer.

Cary issued 145 permits for new attached and detached residential homes in Q1. The top subdivisions permitted were Twyla Walk with 34 (1004 Twyla Road and 102 Hilliard Lane), Alston Landing with 30 (11427 Green Level Church Road), and Courtyards at Lochmere with 27 (5100 Lilly Atkins Road). Permits issued for attached and detached homes increased considerably (54 permits, or 59.3%) compared with Q1 of FY 2024. Permits issued also increased 11.5% compared with the three-year Q1 median of 130.

Cary issued 82 certificates of occupancy (COs) in Q1, an average of 1.3 certificates per workday. This number is fewer (-21.9%) in comparison with the 105 COs that were issued in Q1 of FY 2024 and less than half of the three-year median of 190 COs in Q1. The subdivisions receiving the most COs were Courtyards at Lochmere with 22 (5100 Lilly Atkins Road), Young Farm with 21 (10201 and 10209 Morrisville Parkway), and Alston Landing with 15 (11427 Green Level Church Road). 

Cary also issued 14 permits for 518 multifamily units. These permits were for the following developments:

• Livano Cary Apartments (1901 Piney Plains Road): Seven permits for the single planned building (280 units).
• Alston 2 Apartments at Alston Town Center (Arco Street and High Branch Street): Permits for five of the eight planned buildings (157 units). 
• Rose Park Manor (128 S.W. Maynard Road): Two permits for the single planned building (81 units).

In Q1, Cary issued 454 permits for alterations and additions to existing residential structures. The scope of these projects total 193,609 square feet. This is an increase of 38 permits (9.1%) from Q1 last year. The average estimated construction cost, which is supplied by the contractor, was $60,393, an increase of 18.5% from the three-year median of $51,748.