Reprinted from Greenville Journal
Construction for Southpointe Senior Residences, a $23 million affordable housing project, kicked off with a groundbreaking ceremony Nov. 21.
The new apartment community off Woodruff Road in Greenville will be reserved for low- and moderate-income renters over the age of 55. Specifically, the units will target seniors earning 20% to 60% of the area median income.
Ninety residential units with one- and two-bedroom floor plans will be available at Southpoint Senior at 30 Southpointe Drive. Pre-leasing will begin in December 2025 and construction is expected to take 18 months to complete. The apartment community will also include a community center, business center and fitness center for residents.
Southpoint Senior will be created in partnership with the Greenville Housing Fund and Lowcountry Housing Communities, a new developer in the Greenville market. South Carolina Housing Authority awarded the project the 9% Low Income Housing Tax Credit award in 2021.