Randolph Commons
Blog News | Posted: 06.02.10Randolph Commons, is headed by Allen Temple Community Economic Development Corporation (CEDC), a corporation designed to serve the Greenville community. Randolph Commons is a new project that will develop six houses for families when completed. Mr. Charles Warth, the Executive Director of Allen Temple CEDC described the houses as a pocket community for the neighborhood. The houses will be duplexes arranged around a common yard with driveways that will produce an aesthetically pleasing urban setting. The homes will be affordable to rental families at or below 50% to 60% of Area Median Income (AMI) and range from 916 to 1200 square feet in size and $295 to $590 a month in price.
Allen Temple CEDC received funds from the State Housing Trust Fund, HOME funds, a conventional mortgage, and a Bridge loan of $90,000 from Greenville Housing Fund. Total development costs are expected to be 1.16 million dollars. The development of duplexes will be located on Echols Street. Randolph Commons is a highly anticipated project by members of the community as well as Greenville at large. The project will not only revitalize the community with a new housing development, it also helps alleviate a drainage problem as well.
For more information about Allen Temple CEDC, visit http://www.allentemplecedc.org/.