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State approves $163M in Fayetteville bonds, $23M for Raleigh housing

Summary by CBS 17
The N.C. Local Government Commission approved $163 million in bonds for 16 Fayetteville utility projects and $23 million in conduit revenue bonds for a 152-unit affordable housing project on Strickland Road in Raleigh. Other approvals include $34 million for Chapel Hill’s Carol Woods expansion and multiple infrastructure projects across central North Carolina.

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CBS 17 broke the news in Raleigh, United States on Wednesday, October 8, 2025.
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