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Fairfield Homes proposes 46-unit senior apartments near Shannon Village in Louisburg
Summary
Fairfield Homes presented plans for "Tarago Apartments," a proposed 46-unit independent living building for residents 55 and older behind the Shannon Village Shopping Center in Louisburg. Funding hinges on Low-Income Housing Tax Credit approval expected by March 21.
Joseph Wiggle, a representative of Fairfield Homes, presented plans for a proposed 46-unit independent senior living facility called Tarago Apartments on Tanglewood Drive behind the Shannon Village Shopping Center in Louisburg.
Wiggle said the project is designed to serve residents 55 and older, with two or three accessible units available for younger residents who need them. "We should know by March 21" whether the developer’s application for Low-Income Housing Tax Credits (LIHTC), administered by the North Carolina Housing Finance Agency, will succeed, he said.
The developer described…
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