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Raleigh Housing Authority Eyes Amberwood | Durham News
Amberwood at Lochmere, a 340-unit apartment complex in Cary, is poised for a major shift as the Raleigh Housing Authority eyes takeover to shield it from private developers’ rent hikes. Residents caught off guard by the sudden move—learned mostly via HOA email—question the lack of notice, even as the town council gets briefed just weeks before a public hearing. While the housing authority promises to keep rents stable and won’t disrupt current residents, Cary’s council may not have the final say—approval could still proceed even if they vote no. The future of this community hangs in the…
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