SHG has developed hundreds of affordable housing projects by creatively combining funding programs and development strategies, including:

· HUD Section 811 Supportive Housing for Persons with Disabilities

· HUD Section 202 Supportive Housing for the Elderly

· NCHFA Supportive Housing Programs (SHP and 400 Initiative)

· State and local funding sources

· Low-Income Housing Tax Credits and Historic Preservation Tax Credits

· New Construction and Adaptive Reuse

The Bank of Clyde is under construction in the town of Clyde, Haywood County, North Carolina. The old Bank of Clyde was constructed in 1910, and has been most recently used for storage on the upper floor and offices and a beauty shop on the lower floor. The project, using funds from the North Carolina Housing Finance Agency’s 400 Initiative Supportive Housing Program, HUD Continuum of Care funds through the McKinney-Vento Homeless Programs, façade improvement funds from the State of North Carolina through the Town of Clyde, will provide six efficiency/studio apartments.

Developed under the HUD Section 202 program for supportive housing for the elderly, First Baptist and Manley Estates provides 42 apartments for low-income elderly residents in an expensive housing market. Recipient of a 2005 Housing North Carolina Award by the North Carolina Housing Finance Agency honoring the best in affordable housing development.

Bank of Clyde, Clyde, North Carolina

First Baptist and Manley Estates, Chapel Hill, North Carolina

Selected Projects

Affordable Housing Developers & Consultants

Chapel Hill

Asheville

Richmond

Copyright 2007  Sarver Housing Group, Inc.

 

Club Nova provides 24 Single Room Occupancy (SRO) apartments for people with mental illness. Located in downtown Carrboro, Club Nova is accessible to services, shops, transit, and a nearby sheltered workshop. Green building elements include passive solar heat and hot water. Recipient of a 2006 Housing North Carolina Award by the North Carolina Housing Finance Agency honoring the best in affordable housing development.

Club Nova Apartments, Carrboro, North Carolina

The project adaptively reuses a building integral to the streetscape of downtown Clyde, and provides supportive housing that is convenient to services and shops. Construction includes renovation of the Bank of Clyde building, as well as new construction that will add a new face to the streetscape. We hope to create a model for small town revitalization through providing affordable housing with the successful completion of the Bank of Clyde. Additional progress photos and information will be posted as development progresses.

The Veterans Memorial marks the center of town and is dedicated to the memory of Clyde residents who lost their lives in World War I, World War II, Korea, and Vietnam.

The Maple Street Group Home of the Arc of Haywood County is complete and the residents are enjoying their new space and private bedrooms. Many thanks to the Arc of Haywood County, the North Carolina Housing Finance Agency, Ken Bell Architect, GARANCO general contractors, and the Town of Waynesville for making this project a reality.

Arc of Haywood Maple Street Group Home, Waynesville, North Carolina