Many North Carolina families struggle to find safe and affordable housing close to jobs, schools and health care. In High Point, dozens of families will now have a home to enjoy for years to come at Hartley Ridge, a new affordable apartment development.
Hartley Ridge held a grand opening and ribbon-cutting ceremony on Friday, April 26. Attending from Blanco Tackabery were Carrie Scogin, James Goodwin and Helen Tsiolkas who are attorneys in our Affordable Housing and Community Development Practice Group. Also in attendance were Congressman Ted Budd and representatives from the offices of Senators Richard Burr and Thom Tillis.
Hartley Ridge will provide 84 apartment homes for families who are at or below 60% of the area median income. The one- two- and three-bedroom apartments feature walk-in closets, outside storage, a community room, computer center, covered picnic area, exercise room and playground.
Hartley Ridge was developed by Wynnefield Properties, Inc., and 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.
“Families in High Point will now have more affordable options thanks to Hartley Ridge,” said Scott Farmer, executive director of the NC Housing Finance Agency. “Hartley Ridge is a great example of how affordable housing investments can impact communities and their residents.”