WILMINGTON — Port City Daily continues to count down its most read stories of 2025. Sliding into number five is the largest affordable housing complex in North Carolina according to its developers, to open on Carolina Beach Road in October.
Several local leaders called for the 278-unit Starway Village to become a model for others across the state. Starway received $9 million from the North Carolina Office of Recovery and Resilience, while the City of Wilmington and New Hanover County respectively granted $4 million and $1.9 million from American Rescue Plan funds.
The majority of the project, whose private developers included Kelley Development Co. and Bradley Housing Developers, was funded through $37.1 million in tax-exempt bonds issued by the Wilmington Housing Authority. The project also received a 4% Low‑Income Housing Tax Credit award from the federal government.
Developers eventually returned to both bodies in 2023 asking for an additional $750,000 from the city and $500,000 from the county, both granted, due to inflation.
The property opened with 452 applications received for residents to secure one- to three-bedroom units. They must make to 60% of the area median income, or up to $45,540 for one person. A one-bedroom apartment, inclusive of water, sewer and trash, is listed at $1,047 per month; the median one-bedroom price in Wilmington is more than $1,400 per month, often without utilities included.
Read the full story below.
Tips or comments? Email info@localdailymedia.com.
At Port City Daily, we aim to keep locals informed on top-of-mind news facing the tri-county region. To support our work and help us reach more people in 2026, please, consider helping one of two ways: Subscribe here or make a one-time contribution here.
We appreciate your ongoing support.
