Local and state representatives, Greensboro city staff and Council Members, residents, and property staff gathered on Friday, October 25th to celebrate the grand opening and ribbon-cutting ceremony at Ryan Ridge Apartments. This is Greensboro’s first multi-family housing project funded by the city’s 2016 housing bond money combined with low-income housing tax credits.
Located at 4410-4412 Rehobeth Church Rd., the 60-unit apartment complex includes one, two, and three-bedroom units that are affordable for individuals and families. Total cost of the project was about $8.05 million; $880,000 came from 2016 City housing bond funds. The project was developed by MC Morgan & Associates Inc. of High Point. Wynnefield Properties will be managing the apartments.
Attending from Blanco Tackabery was Carrie Scogin and Helen Tsiolkas, who are attorneys in our Affordable Housing and Community Development Practice Group and Melissa Wilson, a paralegal in that practice group. Attending from MC Morgan was Mark Morgan.