Regal Oaks is certified under the EarthCraft for Multifamily green building program, and will be highly energy efficient. It is located adjacent to a LIHTC-elderly project, creating an affordable mixed-income community in the city of Hendersonville, a desirable retirement destination in western North Carolina.
Regal Oaks is co-sponsored by the Housing Assistance Corporation in Hendersonville, NC and the North Carolina Housing Foundation in Winston-Salem, NC. The architect is Rowhouse Architects of Asheville, NC. The Management Agent is the North Carolina Housing Services and Management Corporation of Winston-Salem, NC. 100% of the financing of Regal Oaks is provided by the US Department of Housing and Urban Development through the Section 202 Supportive Housing for the Elderly program.