Greenville approves construction of new affordable housing complex

Yahoo

11-04-2025

GREENVILLE, N.C. (WNCT)– During the Greenville City Council meeting Thursday, Apr. 10, 2025, commissioners voted to approve the development of a new affordable housing complex.
It's a $16.7 million investment in the community. The American Rescue Plan allocated the funds to the city in 2020.
Taft Mills Group LLC is the developer of the project. It is a Greenville-based company that has also developed more than 550 affordable housing units throughout the city. They have found that with projects like these it is not uncommon to have it completely leased within 30 days of it becoming available due to the high demand.
The new development will be called Turnbury Trace and it will be located on Turnbury Drive between Charles Blvd. and Arlington Blvd.
'Allocated those funds for rental development and tenan-based rental assistance program and also, the non-congregate shelters, so this fell under that umbrella,' Program Manager and Community Development Director for Greenville Neighborhood and Business Services Renee Skeen said.
'It's more important now than ever to have affordable housing opportunities available to residents of our community,' Taft Mills Group President Dustin Mills said. 'And so, that's why we do what we do and are proud to serve the residents who fall within those income brackets and are proud of the developments that we complete.'
The project will have 72 units for seniors aged 55 and older. It will include an outdoor exercise facility, computer center, outdoor seating and picnic area, library reading rooms, a workout facility, laundromat, community room and management and maintenance on site.
'With this being age restricted housing, 55 and older, we obviously, as I said, share a property line with Food Lion Shopping Center,' Mills said. 'It's catty corner to an urgent care facility. There are doctor's offices and dentist offices in the immediate area and the residents could also walk to several sit down restaurants, as well as, fast food restaurants and we like the fact that the site is served by a public bus stop as well.'
'The rent rates are really high right now and seniors are on limited income so, of course, they need somewhere affordable and safe to live as well,' Skeen said.
'And we specialize in the development of this type of affordable housing. We have found that the need for affordable housing, not only in Greenville, but throughout the state and throughout the country, there's an extreme need that is not being properly met,' Mills said. 'And so, our firm specializes specifically on the development of affordable housing.'
The project will break ground in late June of 2025. It will take 16-18 months to complete. They are expecting to have units available for lease starting in late 2026, early 2027.
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