Greenville News
The city of Greenville has donated land valued at $8 million near Unity Park to be dedicated to affordable, workforce and senior-citizen housing.
The city donated 5.7 acres near downtown Greenville — parcels on Oscar, Nassau, Meadow, West Washington and South Hudson streets — to the Greenville Housing Fund, a coalition of affordable housing resources, in February. The housing fund is now pursuing financing for the project, which entails "complicated layering of public investing through the tax credit program," president Bryan Brown said at a City Council meeting in February.
The tax credits are a valuable asset as one of the challenges to affordable housing in Greenville is the value of land, Brown said.
"The fact that the city is contributing this land is certainly remarkable and something to celebrate," Brown told City Council.
Two of the sites will have 148 units of affordable housing for senior citizens, and the housing fund is collaborating with residents and community partners to plan for other sites of workforce, affordable and market-rate units, Brown said.