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Crosland's affordable housing communities are rent controlled to provide significantly lower than market rents and income controlled, so that these communities are only available to households with low or very low incomes.

From our inception, Crosland has provided affordable housing for families and senior citizens. Since the 1980's, we have developed, built, renovated or managed nearly 2,000 such affordable apartment homes in more than 25 communities across the Southeast.

In many cases, we have collaborated with non-profit housing sponsors to provide them with the needed development, construction or management expertise to help them successfully complete affordable housing development projects in their communities.

Crosland currently manages a portfolio that includes ten completed affordable housing communities. These communities typically maintain substantial waiting lists and are usually fully occupied:

ARP Manor in Gastonia, North Carolina

704/861-0954 Elderly
Arbor Glen in Charlotte, North Carolina 704/379-7575Both

Dobbins Hill in Chapel Hill, North Carolina

919/932-3100 Family
Fairmarket Plaza in Charlotte, North Carolina 704/535-2753 Elderly
Fairmarket Square in Charlotte, North Carolina704/568-6059Family
McMullen Wood in Charlotte, North Carolina 704/541-6344Family
Montgomery Gardens in Charlotte, North Carolina704/523-0071Family
Nia Point in Charlotte, North Carolina 704/334.1940 Family
Park at Oaklawn in Charlotte, North Carolina 704/334-8884 Family
Summerfield in Charlotte, North Carolina 704/588-6789Family


Crosland also has two affordable apartment communities in lease-up in the spring of 2007:

Springfield Gardens in Charlotte, North Carolina 704/573-1551 Family
The Havens at Willow Oaks in Greensboro, North Carolina 336/272-1123 Family

Interested persons are urged to call the properties soon, before all apartments at both projects are fully leased.

Crosland's affordable projects have received numerous awards. This recognition is based on such criteria as design excellence, construction quality, management operations, creative financing and overall positive impact on low-income households. Honors include:


For Arbor Glen II, Charlotte, North Carolina
  • Multifamilly Executive Awards 2005 "Affordable Property of the Year"

For The Park at Oaklawn, Charlotte, North Carolina

  • National Association of Homebuilders 2004 "Pillars of the Industry Award" finalist in the Best Affordable Apartment Community category

 

For Arbor Glen I, Charlotte, North Carolina

  • North Carolina Housing Finance Agency's 2003 "Housing North Carolina Award"

 

For The Bungalows at Davidson, Davidson, North Carolina

  • North Carolina Housing Finance Agency "Best New Affordable Housing in a Small City"
  • Fannie Mae Maxwell Award for Excellence for Affordable Housing

For Camellia Court Apartments, Morehead City, North Carolina

  • Housing North Carolina Award from the North Carolina Housing Finance Agency for "Best North Carolina Affordable Rental Project for Seniors"

For Summerfield Apartments, Charlotte, North Carolina

  • National Association of Home Builders Pillars of the Industry Award for "Best New Affordable Apartments in the Nation"
  • Fannie Mae Maxwell Award Honorable Mention for "Best Affordable New Construction Project"

For Fairmarket Square Apartments, Charlotte, North Carolina

  • North Carolina Housing Finance Agency "Housing North Carolina Award"
  • Association of Local Housing Finance Agencies' "Meritorious Achievement Award"
  • National Association of Housing Redevelopment Officials' "Award of Merit"

 

For more information about Crosland's commitment to affordable housing development and how we can help your organization develop or manage such a project, please contact Dean Edwards at 919/256-3025.For leasing information about the other eight affordable properties which are completed, in service and managed by Crosland, please phone the individual properties.

 

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