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Raleigh, Wake County

Raleigh: Groundbreaking today for 200 apartments on Chapanoke Road

Harmony Housing lists a 10 a.m. ceremony at 326 Chapanoke Road. Developers describe 200 rentals for households at 30 to 70 percent of area median income, with an early 2028 finish.

ConfirmedThe main facts are confirmed by official or first-hand sources.

By Triangle Local Newsroom · Published

Downtown Raleigh buildings under a blue sky

File photo: James Willamor (CC BY-SA 3.0), via Wikimedia Commons.

What we know

Confirmed

  • Harmony Housing Affordable Development Inc. lists a Chapanoke groundbreaking on Wednesday, Oct. 21, 2026, at 326 Chapanoke Road, Raleigh, NC 27603. The program begins at 10 a.m., with coffee from 9:30 a.m.Confirmed by Harmony Housing Affordable Development event page
  • Gilbane Development's project page describes Chapanoke as a 200-apartment, 100 percent affordable community at that address, with one-, two- and three-bedroom homes for households earning 30 to 70 percent of area median income.Confirmed by Gilbane Development project page
  • The same page says the work is a public-private partnership led by Gilbane Development, Harmony Housing Affordable Development Inc., and F7 International Development, on formerly publicly owned land next to Wake Technical Community College's Public Safety Education Campus.Confirmed by Gilbane Development project page
  • Gilbane lists four four-story buildings, a location near the planned Southern Wake Bus Rapid Transit corridor, a nearly $93 million budget supported by Low-Income Housing Tax Credit equity and public and private financing, and construction completion in early 2028.Confirmed by Gilbane Development project page
  • A July 28, 2026, Gilbane release said the three firms comprise Raleigh Community Partners LLC, that financing had closed, and that Wake County Deputy Housing Director Mark Perlman said the county was investing the land and $7.1 million in gap financing. The release also named Wake Tech as having donated the site.Confirmed by Gilbane Development press release, July 28, 2026
  • A Wake County news post dated April 22, 2025, listed Chapanoke in Raleigh as a 200-unit family rental and a $7,100,000 county loan under the 2025 Affordable Housing Development Program.Confirmed by Wake County news post, April 22, 2025
  • WRAL, writing Wednesday morning, said city, county and other partners would break ground Wednesday on the 200-unit community, cited Gilbane on the income band, formerly public land, and a 2028 opening, and quoted Gilbane on collaboration among the county, the city, Wake Tech, Raleigh Community Partners and financing partners.Confirmed by WRAL, Oct. 21, 2026

Still unknown

  • Whether Wednesday's ceremony has finished and whether construction has started on site
  • The city's own dollar figure for this project, which we have not read on a city page this morning
  • How many apartments are reserved as supportive housing

What this means for you

Instructions from Harmony Housing Affordable Development Inc.; Wake County

This site is not the City of Raleigh or Wake County housing. For the ceremony, use the Harmony Housing event page. For the county loan, use the April 22, 2025, Wake County awards post. Housing questions go to those agencies, not this site.

What happened

In Raleigh, partners break ground Wednesday on Chapanoke, a planned 200-apartment community at 326 Chapanoke Road.

Harmony Housing Affordable Development Inc. lists the ceremony at 10 a.m., with coffee from 9:30 a.m.

Gilbane Development describes one-, two- and three-bedroom rentals for households earning 30 to 70 percent of area median income. The firm says it is working with Harmony Housing and F7 International Development as Raleigh Community Partners LLC, on land that used to be public, next to Wake Tech's Public Safety Education Campus.

A July Gilbane release quoted Wake County housing official Mark Perlman saying the county put in the land and $7.1 million in gap financing, and that Wake Tech donated the site. An April 22, 2025, county awards post listed the same 200-unit project and a $7,100,000 loan.

Gilbane puts the budget at nearly $93 million, with Low-Income Housing Tax Credit equity plus public and private loans, four four-story buildings, and an early 2028 finish. WRAL, writing this morning, also described Wednesday's start, the 200 homes, the income band, and a 2028 opening if work stays on that timetable.

This is a ceremonial start, not move-in day.

This site is not the city or the county housing office. For the event, use the Harmony Housing page. For the county loan, use the 2025 awards post.

Photos

Text-only. No developer or station photos are used here.

Why it matters

Two hundred income-capped rentals on former public land next to Wake Tech is a large local housing project. Wednesday is the ceremonial start, not an opening date. Readers need the developers' and county's own figures, not a copied rendering.

Updates

  1. Oct 21, 2026, 8:10 AM

    Harmony Housing lists a 10 a.m. groundbreaking at 326 Chapanoke Road. Gilbane describes 200 apartments at 30 to 70 percent of area median income and an early 2028 finish. Wake County's 2025 awards list posted a $7.1 million loan for the same 200-unit project.

Sources

  1. 2026 HHAD Chapanoke Groundbreaking (326 Chapanoke Road, Raleigh, NC 27603; Oct. 21, 2026; program 10 a.m.; coffee from 9:30 a.m.)

    Official sourcePublished by Harmony Housing Affordable Development Inc. · Checked Oct 21, 2026, 8:08 AM

  2. Chapanoke project page (200 apartments at 326 Chapanoke Road; 100 percent affordable; one-, two- and three-bedroom homes; 30 to 70 percent AMI; Gilbane, Harmony Housing and F7; formerly publicly owned land next to Wake Tech Public Safety Education Campus; four four-story buildings; Southern Wake BRT; nearly $93 million with LIHTC and public and private financing; completion early 2028)

    Official sourcePublished by Gilbane Development · Checked Oct 21, 2026, 8:08 AM

  3. Public-Private Partnership Advances a 200-Unit Affordable Housing Community in Raleigh, North Carolina (July 28, 2026: Raleigh Community Partners LLC; 326 Chapanoke Road; 30 to 70 percent AMI; financing closed; Mark Perlman of Wake County, land and $7.1 million gap financing; Wake Tech donated the site; nearly $93 million; Greystone and Citi financing; city and county subordinate loans; early 2028)

    Official sourcePublished by Gilbane Development · Checked Oct 21, 2026, 8:08 AM

  4. Wake County investments will create and preserve 644 affordable homes (April 22, 2025: Chapanoke, Raleigh, family rental, 200 units, $7,100,000 Wake County loan; 2025 Affordable Housing Development Program)

    Official sourcePublished by Wake County · Checked Oct 21, 2026, 8:08 AM

  5. New affordable housing community will bring 200 units to Raleigh (WRAL, Oct. 21, 2026: Wednesday groundbreaking; 200-unit complex; one to three bedrooms; 30 to 70 percent AMI; formerly publicly owned land; Gilbane quote on county, city, Wake Tech, Raleigh Community Partners and financing partners; 2028 opening if construction goes as planned)

    Published by WRAL · Checked Oct 21, 2026, 8:08 AM

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