DURHAM, NC (October 29, 2024) — Today, Congresswomen Valerie Foushee (NC-04) and Deborah Ross (NC-02) sent a letter urging the Federal Housing Finance Agency (FHFA) and Consumer Financial Protection Bureau (CFPB) to examine the impact of institutional investment on the housing sector, and whether investors are taking advantage of federal affordable housing programs at the expense of homeowners and renters. The surge of institutional investments has led to rising housing prices and increased rent… Continue Reading
DURHAM, NC (October 24, 2024) — Today, Congresswomen Valerie Foushee (NC-04) and Deborah Ross (NC-02) announced $12 million in federal funding awarded to the Raleigh-Durham Airport Authority (RDU) from the Federal Aviation Administration (FAA) under the FY 2025 Airport Terminal Program. This award will fund a portion of the Terminal 2 ticketing check-in, baggage claim areas, security checkpoint, and international arrival processing area. This funding will also significantly enhance accessibility… Continue Reading
DURHAM, NC (October 17, 2024) — Today, Congresswoman Valerie Foushee (NC-04), Congresswoman Deborah Ross (NC-02), and Congressman Wiley Nickel (NC-13) announced that Durham-based Wolfspeed, Inc. has been approved to receive up to $750 million in federal funding through the CHIPS and Science Act. This investment, part of the Biden-Harris Administration’s Investing in America program, will support the construction of a new silicon carbide wafer manufacturing facility in Siler City, reinforcing Nor… Continue Reading