Affordable Housing Loopholes Pushing Wake County Tax Hike on Residents
[caption id="attachment_16662" align="alignnone" width="653"] The NC Court of Appeals ruled in 2013 that Cane Creek Village was entitled to a property tax exemption. (Photo: NC General Assembly Legislative Analysis)[/caption] By Jordan Meadows Staff Writer A growing set of tax incentives meant to encourage development and expand affordable housing in Wake County is now raising alarms among local officials, who say a surge in property tax exemptions could jeopardize funding for