Greenville Introduces Parkway East Affordable Housing Community

News Summary

Greenville has welcomed Parkway East, a new affordable housing community featuring 34 apartments tailored for local workers. With proximity to downtown and essential services, it aims to support diverse income levels amidst the ongoing demand for affordable living. This project underscores the city’s efforts to enhance housing access while fostering economic growth, with future developments on the horizon including job creation and healthcare advancements.

Greenville Welcomes Parkway East: A New Affordable Housing Community

Exciting news for the residents of Greenville! A brand-new housing project, Parkway East, has officially opened its doors, bringing a breath of fresh air to the affordable housing landscape. Located just off Pelham Road, this community features 34 affordable apartments that are perfect for those looking for a place to call home without breaking the bank. Whether you need a cozy one-bedroom or a spacious three-bedroom unit, Parkway East has got you covered!

A Perfect Location for Everyone

One of the significant advantages of Parkway East is its prime location. Situated in close proximity to both downtown Greenville and nearby Greer, you’ll find yourself minutes away from all the amenities and conveniences the area has to offer. Whether it’s shopping, dining, or outdoor activities, everything is right at your fingertips. Working individuals and families will feel right at home in this vibrant and accessible neighborhood.

Supporting Local Workers

Parkway East is designed with a specific purpose in mind: to cater to local workers, particularly those employed in essential sectors such as restaurants, retail, and healthcare facilities. The apartments are tailored to support renters across various income levels, including those earning 30%, 50%, 60%, and 80% of the area median income (AMI). For context, the AMI for a family of four in Greenville is projected to be $88,600 in 2024, according to the U.S. Department of Housing and Urban Development.

Funding and Future Plans

The development of Parkway East was made possible through funding from the SC Housing Small Rental Development Program, which supports affordable housing initiatives across the state. This community is a great example of how collaborative efforts can lead to beneficial outcomes for the local population.

Job Growth on the Horizon

$18.7 million into a new distribution center in nearby Belton, SC. This project is set to create 31 jobs, marking it as Eastern Engineered Wood’s very first operation in South Carolina. The new distribution center is expected to begin operations later this year, with full completion aiming for early 2026. Anderson County is also doing its part, having received a $100,000 grant to assist with site preparation and construction for this exciting new center.

A Bright Future for Healthcare

The Need for Affordable Housing Continues

As Parkway East opens its doors, it’s a reassuring sign that several other affordable housing projects are also underway in the Greenville area. The ongoing demand for affordable housing options is evident, and with more developments on the way, the city is striving to accommodate the needs of its growing population. This is surely a step in the right direction, and as more affordable living spaces become available, the Greenville community will only continue to thrive.

In conclusion, the opening of Parkway East signifies a bright future for affordable housing and economic growth within Greenville. As the city continues to evolve and expand, residents can feel optimistic about what lies ahead, with new job opportunities, essential housing, and improved healthcare services all within reach.

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Author: HERE Greenville

HERE Greenville

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