A program the Record once reported as underutilized has seemingly gained momentum after Raleigh City Councilors this week approved the seventh loan through the city’s Downtown Loan Program.
Without enough public input, City Councilors decided to discard the discussion of extending council terms from two to four years. The council also begins its review of the UDO, approves two loans for downtown Raleigh businesses and puts Red Hat’s name in lights.
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