Walnut Terrace in Raleigh, NC

I have recently moved here from the Norfolk area and was pleased to see a redevelopment being done in Raleigh without the benefit of federal funding. It is very surprising that Walnut Terrace has been developed strictly with local funds. The costs of redevelopments like Walnut Terrace are staggering and this one costs around fifty million. There are 292 townhouses, houses and apartments that were built. Half of those will be reserved for low income families and the rest will be rented at fair market value. I have not been to the area but plan to make a trip to Walnut Terrace to check it out. I think Raleigh should be commended for its forward thinking on Walnut Terrace.