Arbors Park Offers Affordable Homes for Seniors in Ayden, NC
The grand opening and ribbon-cutting ceremony for Arbors Park was held on Tuesday, October 22nd. Arbors Park is an affordable senior community consisting of 64 one and two-bedroom apartments. Each unit is one-story with an accessible path and private entrance to each home, and includes a private covered patio.
Attending from Blanco Tackabery was Kelly Otis, who is an attorney in our Affordable Housing and Community Development Practice Group. Also in attendance were Mark McCloskey, James Maides, Danny Whaley and Chris Whaley from East Point Homes LLC and Traci Tate from Halcon Development, LLC.
Arbor’s Park was developed by East Point Homes LLC and Halcon Development, LLC. It was funded in part by Low-Income Housing Tax Credits (LIHTC), administered by the North Carolina Housing Finance Agency. LIHTC has financed nearly 100,000 apartments in North Carolina for seniors, working families and people with disabilities.