Completed Q2 2020 – Pegram Landing (Lewisville, NC)

South Creek Development was awarded $6,840,000 in Low Income Housing Tax Credits from the North Carolina Housing Finance Agency for the 60-unit Pegram Landing project in Lewisville, NC.  The units are targeted to families at 30%, 50% and 60% AMI.

Completed Q3 2020 – Oklawaha Village (Hendersonville, NC)

Oklawaha Village Apartments consists of 78 one, two and three bedroom apartment units targeted to tenants at 30%, 50%, and 60% of the area median income. The site is designed with the needs and lifestyles of families in mind and the location is oriented near employment hubs and less than 1.1 miles from historic downtown.  South Creek Development serves as a consultant on the project.

Completed Q4 2020 – Woodfield Cove (Havelock, NC)

Woodfield Cove, located in Havelock, NC and being developed by South Creek Development, consists of 72 affordable housing units targeted to families at 40% and 60% AMI. The project was awarded $8,592,000 in Low Income Housing Tax Credits from the North Carolina Housing Finance Agency.

Completion Scheduled for Q1 2023 – Westview Terrace (Spartanburg, SC)

Westview Terrace is a 48 unit development at 2062 Old Reidville Road in Spartanburg, South Carolina. The project will target general-occupancy (family) households earning up to 30%, 50% and 60% of Area Median Household Income (AMHI) under the Low-Income Housing Tax Credit (LIHTC) program, with five units also being funded under the HOME program.

Completion Scheduled for Q3 2023 – Rock Quarry Landing (Raleigh, NC)

Rock Quarry Landing will be a 188-unit family development in Raleigh, NC. The development will have twelve (12) 1 bedroom/1 bath units and one hundred eight (104) 2 bedroom/ 2 bath units and seventy-two (72) 3 bedroom/2 bath units. There will be 6 residential buildings onsite. All buildings will be 3 stories. 2 residential buildings will have 24 units, 3 residential buildings will have 36 units, and 1 residential building will have 32 units. The clubhouse/ community center will be designed for families and will feature a computer center. The units will be targeted to 50%, 60%, and 70% AMI. Additionally, at least 10% of the units will be targeted to persons with disabilities.

Completion Scheduled for Q2 2023 – Albemarle Landing (Charlotte, NC)

Charlotte, NC –Albemarle Landing will be a 128-unit family development located at 5800 Albemarle Road in Charlotte, North Carolina (across from the old Eastland Mall site).   The development is scheduled to be completed in Q2 2023 and will have sixty-four (64) 2 bedroom/ 2 bath units and sixty-four (64) 3 bedroom/ 2 bath units.  There will be four residential buildings onsite along with one community building and leasing center.  Amenities at Albemarle Landing will include a community room, computer center, playground, outdoor sitting area with benches, covered picnic area and Gazebo.  The units will be targeted to 50%, 60%, and 70% AMI.  Additionally, 10% of the units will be targeted to persons with disabilities.  WeaverCooke is the General Contractor.