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County gives a boost to two projects
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Construction on a 60-unit apartment complex near Goshen Road could begin as soon as next spring, after Effingham County commissioners’ action at their meeting last Tuesday.

Commissioners approved a resolution and letter of support for REA Development Company, which will build the complex through the state

Department of Community Affairs’ low income housing tax credit program. The development will be built on approximately five acres, with access to Highway 21.

The complex, to be called Goshen Crossing, will be served by county water and sewer. It will be at least 40 percent brick. There will be 12 one-bedroom units, 36 two-bedroom units and 12 one-bedroom units.

Commissioners also approved, by a 5-1 vote, a resolution and a letter of support for AEP Development Company to build a multi-family housing complex for senior citizens. The development is seeking to use the DCA’s low income housing tax credits.

On the table is a 48-unit development adjacent to Kroger that will be named Silverwood Place. The housing development will be reserved for those 55 years of age and older.

Construction usually begins about four to five months after approval.

The development will have a clubhouse for residents and there will be a property manager, though the property manager won’t live on site, according to Jim Markel of Affordable Equity Partners.

“With the tax credit, it lessens the burden on the developer,” Markel said. “We agree to reduce the rent charged each month.”

AEP is the firm that will provide the equity to the builder, Markel explained.

The project is outside Rincon city limits but the city will provide water and sewer service. The city has provided a letter to the state DCA stating it has adequate water and sewer capacity.

Markel said the builder, who is out of Fort Valley, will use local subcontractors and local suppliers.

“The construction materials are high quality,” he said.

The units, which will be about 1,000 square feet each, will be a mix of one-bedroom and two-bedroom designs. The clubhouse will be 2,000 square feet.

“I think it’s a great opportunity,” said Commissioner Verna Phillips. “I’d like to live there myself.”