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Projects Approved, Underway or Recently Completed

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Project NameLocationTypeValueDescriptionPhase
Asheville Lofts Asheville, NC Mixed use $20,000,000 Renovation and new construction to create 58 loft condos Funding Approved
Kemper Lofts Lynchburg, VA Mixed use $10,900,000 Adaptive reuse and new construction creating 61 apartments Funding Approved
Royce Hill Towns and Gardens Oak Ridge, TN Housing $8,000,000 New apartments to replace rundown housing stock Funding Approved
Rowan Pointe Mocksville, NC Housing $7,500,000 New construction of 60 apartments for working families Funding Approved
Coit Village Florence, SC Housing $7,000,000 New apartments in the downtown revitalization area Funding Approved
Orchard View McMinnville, TN Housing $6,000,000 Apartments to replace housing lost in 2006 tornado Funding Approved
Mayworth School Cramerton, NC Housing $5,722,400 Historic rehab creating 40 apartments for elderly residents Funding Approved
Hunter Bay York, SC Housing $5,700,000 Historic rehab creating 40 apartments for elderly residents Funding Approved
Nathaniel Village Greenville, NC Housing $5,500,000 New construction of 48 apartments for working families Funding Approved
Moore Grocery Lofts Tyler, TX Housing $11,000,000 Conversion of historic building into 88 downtown lofts Under Construction
Taylor Lofts South Boston, VA Housing $7,000,000 Conversion of historic tobacco prizery into loft housing Under Construction
Beaumont Lofts Beaumont, TX Mixed use $5,000,000 Adaptive reuse to replace housing lost to Hurricane Rita Under Construction
Central School Bessemer City, NC Housing $4,800,000 Conversion of historic school into housing for working families Under Construction
Johnson Lake Apartments Pensacola, FL Housing $20,000,000 Affordable senior housing to replace housing lost in 2004 hurricanes Recently Completed
City Market Lofts Lynchburg, VA Mixed use $12,000,000 New Market Tax Credits key to creating 59 loft apartments downtown Recently Completed
Globe Tobacco Mount Airy, NC Housing $8,400,000 Conversion of tobacco warehouse into 43 apartments Recently Completed
Ridgecrest Town Apartments Bristol, VA Housing $7,800,000 Construction of 72 townhomes for working families Recently Completed
Lynn Street Lofts Danville, VA Mixed use $6,200,000 Conversion of former mill into housing and commercial space Recently Completed
Lynn Street Lofts Danville, VA Housing $6,200,000 Conversion of historic tobacco warehouse into family housing Recently Completed
George Washington School Kingsport, TN Housing $6,000,000 Conversion of turn-of-the-century school into elderly housing Recently Completed
East Broad Crossing Statesville, NC Housing $5,500,000 Tax-credit project for 50 units approved in 2004 Recently Completed
Kinston Hotel Kinston, NC Housing $5,000,000 Affordable loft housing in a 10-story downtown landmark Recently Completed
Piedmont Leaf Lofts Winston-Salem, NC Condos $5,000,000 Luxury housing helping to lead downtown renewal Recently Completed
East Harper Lenoir, NC Housing $4,800,000 Tax-credit project for 46 units approved in 2004 Recently Completed
Douglass School Bristol, VA Housing $4,700,000 Senior housing in an historic school building Recently Completed
Lassiter Square Madison, NC Mixed use $4,500,000 Conversion of historic schools affordable apartments Recently Completed
Darlington Downtown Darlington, SC Mixed use $4,000,000 Renovated downtown storefronts including 28 apartments Recently Completed
Heron Crossing Ridgeland, SC Housing $4,000,000 New construction of 40 apartment units approved in 2005 Recently Completed
Mulberry School Statesville, NC Housing $4,000,000 Affordable senior housing in Academy Hill Historic District Recently Completed
Small Town Development Weldon, NC Mixed use $4,000,000 Renovated downtown storefronts including 24 apartments Recently Completed
Pecan Grove Darlington, SC Housing $3,500,000 New housing for working-class families approved in 2005 Recently Completed
Spaulding Woods II Marion, NC Housing $3,400,000 New construction of 24 mountain-style garden apartments Recently Completed


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