Durham City Council approved a $1.25 million downtown parking subsidy for low-wage workers while confronting 80 percent home value increases that will sharply raise 2025 property tax bills.
Durham City Council approved a $1.25 million downtown parking subsidy for low-wage workers, with the city contributing $750,000 and the county $500,000.
County data shows median home values jumped 80 percent from January 2019 to August 2024, triggering the first property reappraisal since 2019 and substantially raising 2025 tax bills.
The city's Low-Income Homeowner Relief Program is expanding but remains underutilized due to poor website visibility, and won't automatically increase assistance despite property reappraisals.