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Robert Jervay Place, Wilmington, NC
PROJECT
DESCRIPTION
|
Number
of Units
|
|
|
Homeownership |
14
|
|
|
Rental |
100
|
|
|
Total Units |
114
|
|
|
|
Unit Type |
# |
Size |
# |
Square Footage |
|
Townhouse |
100
|
1 BR |
|
|
|
Multi-family |
|
2 BR |
|
|
|
Semi-Detached |
|
3 BR |
|
|
|
Detached |
14
|
4 BR |
|
|
|
| Income Mix |
|
|
|
|
(
to %
AMI)
|
|
|
( to % AMI)
|
|
| Other
Facilities |
|
|
Community
Space |
yes |
5,000 SF
|
|
Day
Care |
no |
n/a
|
|
Commercial |
no |
n/a
|
| FINANCING SOURCES |
| Source
|
Type |
Amount |
HOPE VI Funds
|
Grant
|
|
LIHTC
|
Equity
|
|
|
|
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DEVELOPMENT COST
|
| Total Cost |
|
| Per Unit Cost |
|
PHASING
|
| Start |
2001
|
| Completion |
2005
|
DEVELOPMENT
TEAM
|
| Owner |
Telesis Affiliate
|
| Participant |
Telesis Corporation |
Role: Developer |
| Participant |
FMK Architects
|
Role: Architect
|
| Participant |
Beazer
|
Role: Contractor
|
STATUS:
|
Phase I and II
complete. Wilmington Housing Authority has elected to complete the
remaining homeownership units.
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