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.
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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 | 704/379-7575 | Both | 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 Carolina | 704/568-6059 | Family | | The Havens at Willow Oaks in Greensboro, North Carolina | 336/272-1123 | Family | | McMullen Wood in Charlotte, North Carolina | 704/541-6344 | Family | | Montgomery Gardens in Charlotte, North Carolina | 704/523-0071 | Family | | Nia Point in Charlotte, North Carolina | 704/334.1940 | Family | | Park at Oaklawn in Charlotte, North Carolina | 704/334-8884 | Family | | Springfield Gardens in Charlotte, North Carolina | 704/573-1551 | Family | | Summerfield in Charlotte, North Carolina | 704/588-6789 | Family |
Crosland also has one affordable apartment communities in currently lease-up:
| 940 Brevard Apartments in Charlotte, North Carolina | 704/714-2110 | Elderly |
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:
| 2008 | National Association of Homebuilders "Pillars of the Industry Award - Most Creative Financing" | The Laurels of Lake Junaluksa | | 2008 | National Association of Homebuilders "Pillars of the Industry Finalist - Best Mixed Use Community"
| The Laurels of Lake Junaluska | | 2005 | Multifamilly Executive Award for "Affordable Property of the Year"
| Arbor Glen II | | 2004 | National Association of Homebuilders "Pillars of the Industry Finalist -Best Affordable Apartment Community"
| The Park at Oaklawn | | 2003 | North Carolina Housing Finance Agency "Housing NorthCarolinaAward"
| Arbor Glen I | | 2002 | Fannie Mae Maxwell "Excellence for Affordable Housing Award"
| The Bungalows at Davidson | | 2001 | North Carolina Housing Finance Agency Award "Best New Affordable Housing in a Small City"
| The Bungalows at Davidson | | 1998 | North Carolina Housing Finance Agency for "Best North Carolina Affordable Rental Project for Seniors"
| Camellia Court | | 1992 | National Association of Home Builders Pillars of the Industry Award for "Best New Affordable Apartments in the Nation"
| Summerfield | | 1992 | Fannie Mae Maxwell Award Honorable Mention for "Best Affordable New Construction Project"
| Summerfield | | 1991 | North Carolina Housing Finance Agency "Housing North Carolina Award"
| Fairmarket Square | | 1991 | Association of Local Housing Finance Agencies' "Meritorious Achievement Award"
| Fairmarket Square | | 1991 | National Association of Housing Redevelopment Officials' "Award of Merit" | Fairmarket Square |
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 our affordable properties which are completed, in service and managed by Crosland, please phone the individual properties.
 
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