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As Greenville continues to grow + be recognized for its collection of great qualities, the city becomes more expensive. A more than a one-hundred-year-old idea – Unity Park – will use the downtown land surrounding it to focus on affordable housing, which the city believes will create a mixed-income community of residents.
The city of Greenville has donated eight acres of land north of Unity Park for the affordable developments + more info has become available about the projects. Here’s what we know so far:
- Five projects were completed in 2018 + six projects have been completed in 2019 thus far in West Greenville and the Southernside neighborhood.
- There are currently ten projects still under construction in the West Greenville neighborhood.
- The city has approved a development called Washington West, located at W. Washington St. + Capital Court, which will have sixteen residential units – half for rent + half for sale.
- Rent will range from $610-$990, sale prices will range from $159,000-$199,500.
- The development will have 4,200 square feet of office space.
- Proceeds from sales of the units will be used for on + off-site improvements, as well as used for down payment assistance to qualified buyers.
- The city plans to work with residents to help them qualify for the new spaces.
- Currently, in the earliest stages of planning, Southernside Block Partnership plans to use the space north of Unity Park to create affordable senior housing.
- In order to preserve existing affordable housing, the city plans to include strategies such as homeowner rehabilitation, continuing to purchase additional neighborhood properties, + assessing the neighborhood’s wishes for the properties.
Affordable housing is a growing need for our growing city and the city is working hard to make that need a reality. Here are four other TGHA communities that are assisting with the prosperity of our residents.
Quiz