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Havens At Oxford

NORTH CAROLINA
Property Type: New Construction

Project at a Glance

Havens at Oxford Apartments features 60 units of brand new and highly sought-after housing to the senior community of Oxford, North Carolina. As a 9% Low-Income Housing Tax Credit (LIHTC) property, Havens at Oxford serves senior residents with household incomes at or below 60% of the Area Median Income (AMI).

Conveniently situated just minutes from Interstate 85 in Granville County, Havens at Oxford offers both one- and two-bedroom apartments, an interior elevator, and six units designated for residents with mobility impairments. Residents enjoy a variety of amenities, including a fitness center, a community room, a laundry facility, personal storage spaces, a gazebo, and outdoor seating areas.

For added comfort, the building has interior hallways with key fob only access. Each apartment is equipped with modern, energy-efficient appliances and washer/dryer hookups. The exterior boasts an attractive blend of brick and vinyl, complemented by ample parking, security lighting, and meticulously maintained landscaping year-round.

The Partnership

Havens at Oxford was created in collaboration with Harmony Housing Affordable Development Inc. and Weaver-Kirkland Development, LLC, marking the second venture successfully completed in North Carolina by this partnership. This development of this 9% Low-Income Housing Tax Credit (LIHTC) community, was made possible through a USDA 538 loan from Churchhill Stateside Group, complemented by funding from the North Carolina Housing Finance Agency’s Rental Production Program (RPP) and the Workforce Housing Loan Program (WHLP). Designed by Moore Hocutt Architects, PLLC and constructed by Weavercooke Construction, LLC, this project is currently professionally managed by Partnership Property Management (PPM). The success of this initiative is attributed to the collaborative efforts of all parties involved.

Key Partners

  • Joint Venture Partner: Weaver-Kirkland Development, LLC
  • LIHTC Allocating Agency: North Carolina Housing Finance Agency
  • Senior Debt USDA 538 Lender: Churchill Stateside Group
  • Subordinate Lender: North Carolina Housing Finance Agency
  • Construction Lender: Churchill Stateside Group
  • Construction Manager:  Greystone Affordable Housing Development LLC
  • Architect: Moore Hocutt Architects, PLLC
  • General Contractor: Weavercooke Construction, LLC
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