In In the News

The Greenville Fund’s Bryan Brown was quoted at length this week in a Greenville Journal story on affordable housing inside city limits.

From the article:

“Brown highlighted initiatives the fund has undertaken in collaboration with the city and other community partners to promote equitable housing options, including the direct investment of $15.5 million on funding and land for projects adjacent to or near Unity Park.

Among those projects are:

  • Southernside Senior I — The project plans to bring 93 units of senior housing in two buildings and intended for residents in the 50%-60% range of area median income (AMI). The project will be bounded by West Washington, South Hudson and Oscar streets; ground-breaking is expected in 2023.
  • Southernside Senior II — This development aims to deliver 54 units in one building and is intended for residents at 50%-60% AMI. Located on West Washington Street and expected in 2023.
  • Oscar Apartments — This will provide 52 apartments targeting residents in the 50%-100% AMI range, with 39 units dedicated to affordable housing. Bounded by Oscar, Meadows and Nassau streets and expected to break ground in 2023.
  • Lighthouse Unity — This involves 252 units with 189 dedicated to affordable in the range of 50%-100% AMI. Project start date not specified.

Brown said with these projects near Unity Park, the goal is to provide housing for up to 1,000 residents. GHF’s direct investment of $7.5 million is expected to leverage a total investment for the projects of $126 million in a public-private collaboration with private developers.

Future projects and initiatives, including land-banking efforts, are expected to serve an even wider range of housing needs and promote the building of generational wealth through homeownership, Brown said.”


Greenville Housing FundGreenville Housing Fund Bryan Brown