‘We don't want this:' Conway leaders mulling future of planned workforce housing development
CONWAY, S.C. (WBTW) — Residents inside a quiet Conway community spent this month pleading with city leaders to block construction there of a $22 million workforce housing development they said would alter their lives forever.
'We love our neighborhood. We don't want this,' Chicora Boulevard resident Elizabeth Orlando told the city's planning commission March 6. 'We really don't need more low-income housing for other people who aren't from here to make money from. We need to take care of the residents of the city of Conway.'
On Monday, the city council responded — delaying a rezone vote that would clear the way for North Carolina-based Taft Mills Group to create 80 workforce housing units on 7.8 acres fronting Highway 701.
Officials said they support TMG's concept, but want to find a more suitable spot.
'I would vote 'no' to rezone it, but I would look forward to working with the developer to find a different location that everything would match up better,' councilwoman Julie Hardwick said.
Nate Broman-Fulks, TMG's vice president of development, said the firm would need to have the rezone complete by May 19 in order to apply for tax credit financing through SC Housing.
Conway, he said, makes sense for the project — which would be open to people who make 70% of the area's median income, or $55,500 for a family of four. The multi-story buildings would offer units with up to three bedrooms.
'It's an incredible location near grocery stores and several parks, shopping centers and doctors downtown as well as schools, so it checks all those boxes for us,' Broman-Fulks said March 6.
If approved, the development would be Conway's first tax-credit funded workforce housing project in nearly 20 years and come at a time when average rents in the city are $1,850.
'It's a vibrant community. A lot of people want to be here, so I don't see that going the other direction,' Broman-Fulks said. 'It's probably going to get harder for people to afford to live here that are working here.'
Residents like Kimberley Daley said adding more traffic and people into the area would create public safety issues.
'It all looks wonderful on paper but for everything good about it, there's 100 things bad,' she said March 6.
At least one prominent community group is backing TMG's efforts.
'Affordable housing provides individuals and families with secure, stable homes. This stability is essential for emotional well-being and overall health. Housing is needed much more than another commercial center. Rezoning this parcel will allow the City to meet the crucial need for housing,' Tara Ostrander of the Family Justice Center of Horry and Georgetown Counties wrote in a letter of support.
* * *
Adam Benson joined the News13 digital team in January 2024. He is a veteran South Carolina reporter with previous stops at the Greenwood Index-Journal, Post & Courier and The Sun News in Myrtle Beach. Adam is a Boston native and University of Utah graduate. Follow Adam on X, formerly Twitter, at @AdamNewshound12. See more of his work here.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Hamilton Spectator
20 minutes ago
- Hamilton Spectator
Chatham-Kent launches Together CK Core Grants to support long-term community growth
The Municipality of Chatham-Kent has opened applications for its 2026–2029 Together CK Core Grant Program, offering non-profit and charitable organizations a chance to secure long-term operational and program funding to help meet community needs and build organizational capacity. Applications are being accepted until Monday, June 30, 2025, at noon, for the four-year grant cycle. The program supports Chatham-Kent-based non-profit corporations and registered Canadian charities through a competitive process. Successful applicants will receive funding to help deliver programs and services aligned with Chatham-Kent council's term priorities, which include service excellence, community well-being, environmental sustainability and growth. 'Past organizations supported through Together CK Core Grants include senior and youth centres, local youth camps, music and arts groups, and social services organizations,' said Peter Sulman, co-ordinator of community grants with Community Culture and Connections. 'This stream is distinct from the annual Together CK Events and Community Projects streams, which are designed for short-term or one-time initiatives.' Sulman said the Core Grant program is a strategic tool used to invest in initiatives that demonstrate alignment with municipal priorities and contribute positively to the community. 'The Core Grant Program uses council term priorities as a framework,' he said. 'It's important that applicants clearly show how their organization's services align with these goals. It strengthens the application and better illustrates the community impact of their work.' The Core Grant stream remains unchanged in terms of eligibility and guidelines, though Sulman emphasized a key distinction: only incorporated non-profits or registered charities are eligible, unlike the more flexible requirements for annual project-based grants. Virtual information sessions about the program were held in May. Sulman also had advice for smaller or newer organizations in Chatham-Kent. He noted that neither size nor longevity affects an organization's ability to qualify for Core Grant funding. 'We encourage all applicants to highlight the real impact their work has on the lives of Chatham-Kent residents,' he said. 'Using data, testimonials and community feedback to demonstrate need is incredibly helpful. Emphasizing how their work addresses gaps or unrecognized needs is key.' The Together CK Core Grant program has long been instrumental in enabling community groups to grow their services and reach, including in smaller communities like Tilbury. 'This funding is open to all eligible organizations, regardless of where they're located in the municipality,' Sulman said. 'The goal is to support the incredible efforts of local volunteers and service providers who are making a difference in every corner of Chatham-Kent.' Applications and full funding guidelines are available online at . Applicants who need support or accommodations to complete the application process can call 519-360-1998 or email TogetherCK@ . Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .
Yahoo
38 minutes ago
- Yahoo
RH Continues to Mitigate Tariff Pressure; Says Revenues Will Take Short-term Hit in Q2
MILAN — RH shares are still recovering from the 'Liberation Day' duties announced by President Donald Trump on April 2. Since then, the firm has shifted sourcing out of China and rerouted a significant portion of its upholstered furniture to its own North Carolina factory, RH chief executive officer Gary Friedman said Thursday, as the company released its first-quarter results. The Corte Madera, Calif.-based RH firm formerly known as Restoration Hardware posted a net profit of $8.04 million, or 43 cents a share in the three month fiscal period ended May 3. That compares to a loss of $3.63 million or 20 cents a share in the same period a year earlier. Shares rallied 19 percent in late trade on the news. In April, President Trump's trade policy announcement drove RH's shares to their lowest level in almost five years. More from WWD Vietnam's Ready For High Stakes US Trade Talks To Avoid Steep Tariffs Fritz Hansen's New Creative Director Ushers in Modern Era, Welcomes Michael Anastassiades to Lineup What a 55 Percent Tariff on Chinese Goods Could Mean for Footwear Firms Revenues fell slightly short of analyst expectations, as well as the revenue target RH issued in April. Sales rose 12 percent to $814 million in the fiscal three-month period ended May 3. This compares to RH's guidance of a 12.5 percent to 13.5 percent rise. A Factset poll of analysts forecasted sales of $818.6 million. In the same period, RH posted an operating margin of 6.9 percent and adjusted earnings before interest, taxes, depreciation and amortization or EBITDA margin of 13.1 percent. 'While there remains uncertainty until the reciprocal tariff negotiations are complete, we have proven we are well positioned to compete favorably in any market conditions,' Friedman continued, adding that the firm sees disruption negatively impacting its revenues by approximately 6 points in the second quarter and will recover in the second half. Friedman said the company is sticking to its full-year fiscal guidance. Offsetting Market Headwinds Despite a challenging housing market, the worst in 50 years, RH forecasted revenue growth of 10 to 13 percent in fiscal 2025, an adjusted operating margin of 14 to 15 percent and an adjusted EBITDA margin of 20 to 21 percent. Friedman also said the company is working on a long-term sourcing strategy to diversify production. In fiscal 2024, the company sought to offset macro headwinds by investing $2.2 billion into stock repurchases and expanding its portfolio with real estate assets totaling an estimated equity value of approximately $500 million. 'We plan to monetize opportunistically as market conditions warrant,' he said. With regard to excess inventory worth $200 to $300 million, the company plans to turn it into cash over the next 12 to 18 months. Taking Market Share, Amid Downturn During the first-quarter earnings conference call, Friedman was enthusiastic about upcoming openings in London, Milan and Paris. RH Paris will open in September, during the Maison&Objet trade show. Located on Champs Élysées, it will be RH's most 'elegant and inspiring Gallery yet.' RH has built a freestanding RH Interior Design Studio and will open Le Jardin RH restaurant that will serve up American classics. Its rooftop is privy to views of the Eiffel Tower and Grand Palais. London and Milan will open in 2026. The Galleries are a winning concept, he added, and European revenues continue to rise. RH England, The Gallery at Aynho Park — a 73-acre, 17th-century estate opened in 2023, is testament to that success, he said, noting that it generated $46 million in total demand in its second full year. This bodes well for all new Galleries, including the upcoming London Gallery in Mayfair. 'If an RH Gallery in the English countryside, with an estimated population of 100,000 in a 10-mile radius two hours outside of London, can generate $46 million… what can an RH Gallery in the center of Mayfair, the most exclusive shopping district in London with a population of 9.7 million, do in its second full fiscal year?' RH's expansion strategy is focused on taking market share despite macro headwinds. Moving forward, RH will opening seven to nine new Galleries per year. On Thursday, China affirmed a trade deal announced by President Trump, marking a truce between the world's two largest economies. The U.S. will impose 55 percent duties on Chinese goods, while China will impose 10 percent tariffs on all U.S. goods. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

3 hours ago
Trump clears path for Nippon Steel investment in US Steel, so long as it fits the government's terms
WASHINGTON -- President Donald Trump on Friday signed an executive order paving the way for a Nippon Steel investment in U.S. Steel, so long as the Japanese company complies with a 'national security agreement' submitted by the federal government. Trump's order didn't detail the terms of the national security agreement. But the iconic American steelmaker and Nippon Steel said in a joint statement that the agreement stipulates that approximately $11 billion in new investments will be made by 2028 and includes giving the U.S. government a ' golden share" — essentially veto power to ensure the country's national security interests are protected against cutbacks in steel production. 'We thank President Trump and his Administration for their bold leadership and strong support for our historic partnership," the two companies said. "This partnership will bring a massive investment that will support our communities and families for generations to come. We look forward to putting our commitments into action to make American steelmaking and manufacturing great again.' The companies have completed a U.S. Department of Justice review and received all necessary regulatory approvals, the statement said. 'The partnership is expected to be finalized promptly,' the statement said. U.S. Steel rose $2.66, or 5%, to $54.85 in afterhours trading Friday. Nippon Steel's original bid to buy the Pittsburgh-based U.S. Steel in late 2023 had been valued at $55 per share. The companies offered few details on how the golden share would work, what other provisions are in the national security agreement and how specifically the $11 billion would be spent. White House spokesman Kush Desai said the order 'ensures U.S. Steel will remain in the great Commonwealth of Pennsylvania, and be safeguarded as a critical element of America's national and economic security.' James Brower, a Morrison Foerster lawyer who represents clients in national security-related matters, said such agreements with the government typically are not disclosed to the public, particularly by the government. They can become public, but it's almost always disclosed by a party in the transaction, such as a company — like U.S. Steel — that is publicly held, Brower said. The mechanics of how a golden share would work will depend on the national security agreement, but in such agreements it isn't unusual to give the government approval rights over specific activities, Brower said. U.S. Steel made no filing with the U.S. Securities and Exchange Commission on Friday. Nippon Steel originally offered nearly $15 billion to purchase U.S. Steel in an acquisition that had been delayed on national security concerns starting during Joe Biden's presidency. As it sought to win over American officials, Nippon Steel gradually increased the amount of money it was pledging to invest into U.S. Steel. American officials now value the transaction at $28 billion, including the purchase bid and a new electric arc furnace — a more modern steel mill that melts down scrap — that they say Nippon Steel will build in the U.S. after 2028. Nippon Steel had pledged to maintain U.S. Steel's headquarters in Pittsburgh, put U.S. Steel under a board with a majority of American citizens and keep plants operating. It also said it would protect the interests of U.S. Steel in trade matters and it wouldn't import steel slabs that would compete with U.S. Steel's blast furnaces in Pennsylvania and Indiana. Trump opposed the purchase while campaigning for the White House, and using his authority Biden blocked the transaction on his way out of the White House. But Trump expressed openness to working out an arrangement once he returned to the White House in January. Trump said Thursday that he would as president have 'total control' of what U.S. Steel did as part of the investment. Trump said then that the deal would preserve '51% ownership by Americans,' although Nippon Steel has never backed off its stated intention of buying and controlling U.S. Steel as a wholly owned subsidiary. 'We have a golden share, which I control,' Trump said. Trump added that he was 'a little concerned' about what presidents other than him would do with their golden share, 'but that gives you total control.' The proposed merger had been under review by the Committee on Foreign Investment in the United States, or CFIUS, during the Trump and Biden administrations. The order signed Friday by Trump said the CFIUS review provided 'credible evidence' that Nippon Steel 'might take action that threatens to impair the national security of the United States,' but such risks might be 'adequately mitigated' by approving the proposed national security agreement. The order doesn't detail the perceived national security risk and only provides a timeline for the national security agreement. The White House declined to provide details on the terms of the agreement. The order said the draft agreement was submitted to U.S. Steel and Nippon Steel on Friday. The two companies must successfully execute the agreement as decided by the Treasury Department and other federal agencies that are part CFIUS by the closing date of the transaction.