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    Lofts at Elmsley Crossing offer new housing options in Greensboro

    By Celeste Smith,

    12 hours ago

    https://img.particlenews.com/image.php?url=2Ay70g_0uhAfnes00

    GREENSBORO, N.C. (WGHP) — After three years in the making, a new affordable apartment community is open in east Greensboro.

    On Monday, they celebrated the completion of Lofts at Elmsley Crossing apartment community with a ribbon cutting.

    The 84 apartment units are located on Kallamdale Road near Randleman Road. They’re considered affordable because rent rates vary depending on your income.

    For many new residents, that’s what made this their ideal place to call home

    “I love it … It’s brand new,” said Shamonica Burke, a resident.

    Burke moved from High Point into the Lofts at Elmsley Crossing with her children two weeks ago.

    “It was hard to find a place, and I wanted to move back to Greensboro because I was raised here,” Burke said.

    Her family is settling in and is happy with the location and the apartment community.

    “The residents are pretty cool, and it’s spacious,” Burke said. “I love the balcony space, and I can go outside and enjoy the breeze … It’s very comfortable.”

    Delores White had a much longer move. She’s coming from South Carolina after living with family. She’s excited about this big step towards independence.

    As a stroke survivor, she’s happy with the accessibility and rent rate.

    “It’s just … a blessing to have my own place to live,” White said.

    It took three years to build the apartments. The total cost of the project came in just under $20.4 million. Money from the City of Greensboro HOME funds, the Housing Finance Agency and conventional financing through Merchants Capital helped cover the cost.

    “Unfortunately, places like this that need tax credits and city funding take some time to pull together and make sure all the things are in place that make it happen. But once you see it come up out of the ground, you realize it’s worthwhile because it has to be quality … When you walk in the door, you want to feel at home, and it’s something that you value and enjoy,” Greensboro City Councilwoman with District 1 Sharon Hightower said.

    Hightower said it’s a positive sign of growth for east Greensboro, especially as the city plans to turn its focus to the Randleman Road corridor.

    “It is growing. We are in the east, and … the east is the only place to grow anywhere. But we want to grow responsibly,” Hightower said.

    The development team that worked on the project is also developing a 52-unit community for seniors ages 55 and up across the street from the Lofts at Elmsley Crossing.

    The plan is for it to open in the fall of 2025.

    Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

    For the latest news, weather, sports, and streaming video, head to FOX8 WGHP.

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