City of Raleigh Housing Bonds Referendum: $101.5 Million
Unofficial result: Passed
Source: er.ncsbe.gov
Raleigh city, North Carolina
My vote power: High
What does this measure do?
Supports: Housing Affordability
The housing bond would let Raleigh borrow up to $101.5 million to build and preserve affordable homes, help buyers, and respond to homelessness. Existing city sales and property tax revenue would repay it; the city projects no new property tax increase.
Proposed by: Raleigh City Council (bond orders, May 19, 2026)
The city's elected council. It approved two separate borrowing plans on May 19, 2026, $101.5 million each, one for housing and one for roads and transit. Voters must approve the borrowing.
Source: raleighnc.gov
A YES vote means
Raleigh could issue up to $101.5 million in housing bonds for the listed eligible projects.
A NO vote means
Raleigh could not issue these proposed housing bonds; projects would need other funding.
Source: raleighnc.gov