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Storyline · 1974

The 1974 apartment foreclosures in Chapel Hill and Carrboro

In the fall of 1974 Roberts Associates, builder of most of the apartment complexes around Chapel Hill and Carrboro, left tenants of its new Old Well Apartments without appliances and owed Carrboro back taxes, then filed for reorganization in November as lenders moved to auction five of its complexes. Foreclosure also began that month on the Foxcroft and Chateau apartments.

1974 Filed under Housing, Neighborhoods & Displacement 5 dated events

Former Old Well apartments, now Collins Crossing, Carrboro, 15 August 2016
Former Old Well apartments, now Collins Crossing, Carrboro, 15 August 2016Mx. Granger; via Wikimedia Commons · CC0 · Source

In September 1974 more than 50 tenants of the new Old Well Apartments in Carrboro, most of them students, met the developer, Roberts Associates, at a meeting arranged by the Student Consumer Action Union after moving in without the kitchen appliances the complex had advertised. On October 8 Mayor Robert Wells told the Carrboro aldermen the town would go to law against Roberts Associates, owner of most of the area's apartment complexes, unless about $8,000 in 1973 and 1974 taxes on Old Well was paid that week, and the company and its banks paid by the October 11 deadline. On November 13 Roberts Associates, the builder of about 5,000 apartments in the area, filed for reorganization under the federal Bankruptcy Act after missing its October mortgage payments, halting foreclosure auctions of the Kingswood and Booker Creek apartments in Chapel Hill and the Yum Yum, Estes Park and Royal Park apartments in Carrboro. That month a lender also began foreclosure on the Foxcroft and Chateau apartments in Chapel Hill and set an auction for December 18.

Towns
Carrboro, Chapel Hill

The events, date by date

Every statement above comes from these dated entries in the chronology. Each links to its source.

  1. Old Well Apartments tenants confront their landlord over missing appliances More than 50 tenants of the new Old Well Apartments in Carrboro, most of them students, met with the developer, Roberts Associates, at a meeting arranged by the Student Consumer Action Union after moving in without the kitchen appliances the complex had advertised. The company offered $30 a month and promised installation by October 1, and SCAU handed out guides to suing in small claims court. Place: Old Well Apartments, CarrboroSearch the index · The Daily Tar Heel, September 18, 1974, p. 1
  2. Carrboro threatens to foreclose on the Old Well Apartments for unpaid taxes Mayor Robert Wells told the Carrboro Board of Aldermen the town would go to law against Roberts Associates, owners of most of the area's apartment complexes, unless the 1973 and 1974 taxes on the new Old Well Apartments, about $8,000, were paid that week. The town's attorney had warned the banks holding the mortgages, which promised payment, and $3,000 had come in; tenants had already gone weeks without stoves and refrigerators until Roberts installed the last 61 sets on September 30 after a Student Consumer Action Union meeting. Place: Old Well Apartments, Carrboro · Also named: Robert WellsSearch the index · The Daily Tar Heel, October 10, 1974, p. 1
  3. Back taxes on Carrboro's Old Well apartments are paid after the town threatens suit Roberts Associates and the banks holding its mortgages paid $8,000 in 1973 and 1974 taxes on the Old Well apartments on the 54 Bypass in Carrboro by the October 11 deadline, after Mayor Robert Wells threatened legal action and possible foreclosure. Place: Old Well apartments, 54 Bypass, Carrboro · Also named: Robert WellsSearch the index · The Daily Tar Heel, October 28, 1974, p. 1
  4. Roberts Associates files for court reorganization, halting auctions of five Chapel Hill and Carrboro apartment complexes Roberts Associates, the Durham builder of about 5,000 apartments in the area, obtained a reorganization petition under the federal Bankruptcy Act in U.S. District Court in Greensboro. The order postponed foreclosure auctions set by two insurance companies for Kingswood and Booker Creek apartments in Chapel Hill and Yum Yum, Estes Park and Royal Park apartments in Carrboro after the company missed its October mortgage payments on loans of $7.9 million. Place: Chapel Hill and CarrboroSearch the index · The Daily Tar Heel, November 15, 1974, p. 1
  5. Foreclosure proceedings begin against Foxcroft and Chateau apartments in Chapel Hill Cameron-Brown Investment Group began foreclosure on a $1.75 million construction loan for the Foxcroft and Chateau apartments in Chapel Hill and set a public auction for December 18 after the builder missed the final payment due in October. The builder's lawyer said the payment might still be made and no bankruptcy filing was planned. Place: Foxcroft and Chateau apartments, Chapel HillSearch the index · The Daily Tar Heel, November 25, 1974, p. 1

Further reading

No indexed work is about this storyline itself yet. These are the most widely held histories of the theme it is filed under, so they may not discuss it. Follow a link to find a copy or view the material.

Background on Housing, Neighborhoods & Displacement · the most widely held histories of the theme this storyline is filed under; they may not discuss it

Kinship and Neighborhood in a Southern Community

Kenzer, Robert C. · 1987 · University of Tennessee Press

Robert C. Kenzer's study of kinship and neighborhood in Orange County between 1849 and 1881, the decades before and after the Civil War, tracing family ties and neighborhood networks through the county's records. Published by the University of Tennessee Press in 1987, 251 pages with illustrations, maps, portraits and a bibliography. Topics include kinship, neighborhoods and social conditions in the county in the nineteenth century.

Reviewed in Choice Reviews Online (1988), Journal of American History (1988), The American Historical Review (1989), The Journal of Southern History (1989), Civil War history (1989), Journal of Social History (1989).

African Americans of Durham and Orange counties : an oral history

Bolduc, Jean · 2016 · The History Press

Jean Bolduc's collection of oral history interviews with Black residents of Durham and Orange counties, published by The History Press in 2016, 125 pages with photographs and portraits. The narrators are the poet Jaki Shelton Green, civil rights lawyer Floyd McKissick, Walter Jackson, Nate Davis, Brenda Stephens, Diane Wright, Jackie Wagstaff and Michelle Johnson, and a closing chapter deals with the Ku Klux Klan. The interviews document Black life and race relations in the two counties across the twentieth century.

Rogers Road

Pearce, Emily Eidenier · 2009

Emily Eidenier Pearce's history of Rogers Road, the historically African American neighborhood on the edge of Chapel Hill and Carrboro, and of what happened to it after Orange County opened its landfill next door in 1972. Drawing on interviews with residents, the book records the neighborhood's origins, family life, churches and customs, and then the environmental and social burdens of decades beside the landfill. Privately issued in 2009, 298 pages with illustrations, maps and portraits.

The Copperline chronicles: a history of the Kings Mill-Morgan Creek neighborhoods

2020

Neighborhood history of the Kings Mill and Morgan Creek area of Chapel Hill, published by the Chapel Hill Historical Society in 2020. The project started in June 2014 when neighbors were asked over the community email list to share memories of life there, and replies came from current residents and from former residents raised there who had since scattered across the country. 268 pages with illustrations, color maps and portraits.

African Americans of Durham & Orange Counties

Bolduc, Jean · 2016

Jean Bolduc's 2016 collection of interviews with African American residents of Durham and Orange counties, presented as short biographies. The subjects are Floyd McKissick (1922-1991), the first African American admitted to UNC's law school, Walter Jackson, Brenda Stephens, Nate Davis, poet Jaki Shelton Green, Jackie Wagstaff, Diane Wright and Michelle Johnson, with a closing chapter on the Ku Klux Klan. 125 pages with illustrations.

"Whites only" : a pastor's retrospective on signs of the new South

Seymour, Robert E. (Robert Edward), 1925-2020 · 2011 · Chapel Hill Press

Robert E. Seymour, a Baptist pastor in Chapel Hill associated with Olin T. Binkley Memorial Baptist Church, looks back on segregation and race relations in the South from the pulpit. A clergyman's memoir covering church history in the town, Baptists in North Carolina and the segregation of African Americans. Published by Chapel Hill Press in 2011, 204 pages.

Show 6 more

Cedar Grove, 1939 : revisiting Marion Post's photos of a Black rural neighborhood

Bennett, Evan P. · 2025 · Historical Research Office, Office of Archives and History

Evan P. Bennett returns to the photographs Marion Post Wolcott made in 1939 in Cedar Grove, a Black farming neighborhood in northern Orange County that she documented for the federal resettlement program. Published in 2025 by the Historical Research Office in Raleigh, pages 384 to 406, with illustrations and portraits. Topics include rural African Americans in the Cedar Grove township and photographers in the state.

UNC

Making Carrboro home : user alteration of company space

Lachenman, Sara Regan · 2005

Sara Regan Lachenman's 2005 thesis on how the people living in Carrboro's company built housing altered it to suit themselves. It takes up domestic architecture, working class housing and the social side of the textile industry in the town, with 158 pages of text and illustrations.

UNC

James J. Freeland

Freeland, Maxine · 1999

Maxine Freeland's biography of James John Freeland (1918-1999), a Hillsborough man of the twentieth century, compiled in 1999.

Portrait of a southern community, 1849-1881 : family, kinship, and neighborhood in Orange County, North Carolina

Kenzer, Robert C., 1955- · 1982

Robert C. Kenzer's study of family, kinship and neighborhood in Orange County between 1849 and 1881, covering the county's households from the late antebellum years through the Civil War and Reconstruction. Completed in 1982 in 248 leaves with maps. Topics include kinship, neighborhoods, race relations and social conditions in the county during the nineteenth century.

UNC

Council on the Status of Women, Public Relations File, Orange County Commission for Women

Messenheimer, Judith M. · 1989

Public relations material on the Orange County Commission for Women, 1989 to 1992, from the files of the North Carolina Council on the Status of Women, 26 images, with Judith M. Messenheimer named as creator. Issues include child care, teenage pregnancy, abortion, older women, low-income housing, taxation, AFDC, and women's education and employment.

NC Digital Collections record courtesy of the North Carolina Department of Natural and Cultural Resources.

Kings Mill-Morgan Creek Neighborhood Collection (Chapel Hill Historical Society)

2003

Material on the Kings Mill and Morgan Creek neighborhood of Chapel Hill, 2003 to 2019, gathered from residents and the neighborhood association while The Copperline Chronicles (Chapel Hill Historical Society, 2020) was being prepared. Three boxes, collection CHHS.017.

Research this storyline

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Cite or share

Friends of the Orange County Public Library. “The 1974 apartment foreclosures in Chapel Hill and Carrboro.” Orange County Indexed, https://focplnc.org/orange-county-books/storylines/apartment-foreclosures-storyline-1974/. Accessed October 22, 2026.

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