Greenville Housing Fund

Bradley Place, formerly Perry Place, was developed by Homes of Hope, a non profit organization started in 1998, designed to provide affordable housing for low income families or homeless families.  Homes for Hope worked in conjunction with Greenville Housing Fund for this project.  Greenville Housing Fund gave Homes of Hope a loan in total of $100,000: $50,000 Bridge Loan for Portion I and $50,000 for Portion II housing.   Homes for Hope also received funds from the Neighborhood Stabilization (NSP) and HOME funds. Total development costs were estimated to be 1.288 million dollars.

Bradley Place consists of twelve new affordable housing units: ten affordable rental units and two affordable for sale units are available for first time home buyers.  This provides brand new housing for those first time buyers who have already qualified for a mortgage and are ready to be homeowners.  The rental portion of the development features four two-story duplexes side by side.  Rent will range from 250 to 495 dollars.  The for sale portion of the development features four two-story single family homes all with three bedrooms and two bathrooms.  The development is located in West Greenville, and is helping to revitalize the Special Emphasis neighborhood of Greenville.  A special emphasis neighborhood, as defined by the Greenville city website includes factors such as high unemployment, low income, substandard housing, and low home ownership.   Bradley Place Apartments offers housing for families less than 50 percent of Average Median Income, or AMI.  The neighborhood is full of close knit people who have worked hard to help build their community and have truly gained from the development in the area.  Bradley Place is a gateway into the neighborhood as well as a gateway to even more improvements to the neighborhood.  The name was changed form Perry to Bradley Place in honor of an employee’s son who passed away suddenly.

For more information about Homes of Hope, Inc. visit homesofhope.org.