Greenville Council approves $1M for Turnberry Trace senior housing development funding

April 11, 2025 | Greenville, Pitt County, North Carolina

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This article was created by AI using a video recording of the meeting. It summarizes the key points discussed, but for full details and context, please refer to the video of the full meeting. Link to Full Meeting

In a pivotal meeting on April 10, 2025, the Greenville City Council spotlighted two significant affordable housing developments aimed at addressing the community's pressing housing needs. The council reviewed proposals from SEML Development and Taft Mills Group, both of which are set to enhance the city's housing landscape.

The first project, Arlington Square Apartments, proposed by SEML Development, aims to provide 36 units with rents ranging from $463 to $717. The developer is seeking $715,000 in HOME ARP gap financing to support the project. Meanwhile, Turnberry Trace, a senior housing development by Taft Mills Group, is set to offer 72 units with rents between $500 and $995. This project is shovel-ready and has already secured tax credits, making it a strong candidate for immediate funding. Taft Mills is requesting $1 million in gap financing.
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City staff recommended prioritizing Turnberry Trace due to its readiness and the urgent need for senior housing in the area. Council members expressed enthusiasm for the project, highlighting its potential to provide affordable living options and community amenities, including a public park and outdoor exercise areas.

Councilman Robinson raised concerns about the developments, but overall, the council's response was positive. The Taft Mills Group emphasized their commitment to affordable housing, noting that 10% of the units will be set aside for veterans and individuals transitioning out of homelessness.

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With a total investment of $16.6 million for Turnberry Trace, the council anticipates that construction could begin as early as late June, pending approval of the requested funding. The developments represent a significant step forward in addressing the housing crisis in Greenville, with a focus on creating not just homes, but vibrant communities.

Converted from City Council April 10, 2025 meeting on April 11, 2025
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