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Regal Oaks nears completion!

11/7/2013

 
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Regal Oaks is nearly 100% complete! Construction on the 24-unit senior complex in Hendersonville, NC began in February 2013. General Contractor GARANCO of Pilot Mountain, NC has once again come in under the 12 month construction contract by two months. The entire development team deserves a round of applause for the efficient and quality development process.

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.


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