“The community has been extremely supportive of and excited about this new park. This project not only provides for future park program expansion, it also encourages and supplements economic development in our community.”

— John Brown, Director of Parks, Recreation and Cultural Resources for Apex

Our $2.4 million loan helped the town buy a 92-acre property in one of the fastest urbanizing areas of Apex, a suburb of Raleigh. Striving to keep its small-town feel and avoid sprawl, Apex recently identified this area as the top priority for parkland. As residential and infrastructure development have been closing in on the southwest side of town, this was the only opportunity for them to acquire a parcel of land this size and in an ideal location.

“This has been one of our first urban program projects in North Carolina, and it illustrates the challenges that rapidly growing communities face,” Proper says. “We’re happy to give them the tools they need to maintain the quality of life that makes their town so attractive and livable."