Affordable Housing Developments Across the Southeast
View a selection of projects developed by Tapestry Development Group.
Greystone Apartments
Winner – BEST OVERALL PROJECT – Affordable Housing Finance Reader’s Choice Awards (2016)
Tapestry partnered with In-Fill Housing to rehabilitate Greystone Apartments, a historic building with expiring LIHTCs.
Diamond College Park
Tapestry has developed Diamond College Park, a new construction, 60-unit, mixed-income multifamily community in the City of College Park, Fulton County, Georgia.
Stride Senior Residences
Tapestry partnered with Columbia Residential to develop Stride Senior Residences, a 90-unit mixed-income affordable senior apartment community in Decatur, DeKalb County, Georgia.
Sycamore Heights
Winner – 2024 IMPRESSIVE RURAL DEVELOPMENT – Georgia Department of Community Affairs
Tapestry partnered with OneStreet Residential to develop Sycamore Heights, a 64-unit mixed-income affordable senior apartment community in the City of Jefferson, Jackson County, Georgia.
Phoenix House
Tapestry partnered with 3Keys, Inc. and National Housing Trust/Enterprise Preservation Corporation to redevelop Phoenix House, a supportive housing community in the City of Atlanta, Fulton County, GA.
Village at Blackshear
Tapestry partnered with In-Fill Housing, a non-profit affiliate of the Macon Housing Authority, to rehabilitate the Village at Blackshear, a 64-unit apartment community in Blackshear, GA for seniors or disabled households.
The Harbor and Gallery of West Greenville
Tapestry partnered with Douglas Development and the Greenville Housing Authority to rehabilitate 123 units in two existing public housing properties, Brookhaven Apartments and Westview Homes, into a mixed-income community in Greenville, South Carolina.
Coming Soon
The following projects are under construction in Georgia, South Carolina and Alabama.
Alcove at River’s Edge
Tapestry has partnered with Birge & Held to develop the Alcove at River’s Edge, a 156-unit affordable family apartment community just outside the City of Dacula, in unincorporated Gwinnett County, Georgia. Tapestry and Birge & Held secured 4% LIHTCs, private activity bond financing from the Gwinnett Housing Authority, and private loans to finance the $35 million redevelopment. Amenities will include covered parking, a business center, playground, fitness center and swimming pool, catering to both families and single residents. The property is under construction, slated to be completed in early 2023.
Dillon Graded School Senior Apartments
Tapestry has secured financing to build 37 housing units for low-income seniors at the former Dillon Graded School in the City of Dillon, Dillon County, South Carolina. It is the adaptive reuse of a school in downtown Dillon. Financing includes a grant and rental assistance from the newly revived HUD 202 Supportive Housing for the Elderly program. Financing also includes 4% state and federal LIHTC, Historic Tax Credits, SC Abandoned Building Credits, SC State Housing Trust Funds, and tax-exempt bonds. Located near all major amenities in a downtown setting, on-site amenities will include multiple community rooms, a rehabbed gymnasium, and . Construction started in April 2023 and is expected to complete construction in late 2024.
South Oak Apartments
Tapestry has partnered with Vizion Driven Communities and the Foley Housing Authority to develop South Oak Apartments, a new construction, 94-unit multifamily community located in Foley, Baldwin County, Alabama. It is the demolition and rebuilding of multiple parcels of public housing properties owned by the Foley Housing Authority. The public housing subsidies will be converted into project-based rental assistance to help house very low-income families. Financing also includes 4% LIHTC, AHP funds, National Housing Trust Funds, and a 221(d)4 loan. Located near downtown Foley and all major amenities, on-site amenities will include a clubhouse, community center, and rehabbed gymnasium. Construction started in January 2022 and is expected to complete in late 2023.
Osprey Cove
Tapestry has partnered with the Eufaula Housing Authority to build 56 housing units for low-income families at the former Fairlane Meadows public housing development in the City of Eufaula, Barbour County, Alabama. This new construction project will have rental subsidy for all units after its Rental Assistance Demonstration (RAD) conversion from public housing. Financing includes 9% state LIHTC, HUD Capital Funds, and private loans. Construction started in January 2024 and is expected to complete construction in late 2025.
Tapestry is a qualified Low-Income Housing Tax Credit developer in Georgia, Alabama, and South Carolina. Tapestry also performs feasibility studies for FHA refinancing and other affordable housing financing strategies throughout the country.