Upscale Townhome Project In Davidson Will Have Affordable Un

Upscale Townhome Project In Davidson Will Have Affordable Units


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An architect's drawing of the planned Hoke Townhomes in Davidson.
The town board in Davidson Tuesday night approved a plan that will use public and private money to build affordable housing as part of a proposed 81-unit luxury townhome development.
Eight affordable units will be scattered throughout the new neighborhood, which is to be built at the former Hoke Lumber yard off Jetton Street on Davidson's west side. To help the developer build the units:
The town will kick in $400,000 from its affordable housing fund.
Another $400,000 will come from the Davidson Community Foundation.
The developer, Alliance Group, also agreed to discount the home prices by $150,000 per unit.

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