North Carolina Construction News staff writer
Work has begun on a 16-unit supportive housing development in Greensboro designed for individuals and families transitioning out of homelessness.
Affordable Housing Management, Inc. (AHM) broke ground this week on the $4.3-million Oakwood Park complex, a collaboration with the City of Greensboro, the North Carolina Housing Finance Agency, and Greensboro Urban Ministry. Construction is expected to be completed by August 2026.
Located on West Vandalia Road across from Hester Park, the Energy Star–certified development will include one-, two- and three-bedroom apartments. Rents are expected to range between $127 and $768 per month, targeting households earning at or below 50 per cent of the area median income.
The project will provide housing stability and support services, with referrals and casework to be handled by Greensboro Urban Ministry.
“This development is about more than just bricks and mortar — it’s about creating lasting opportunities for people who need them most,” said David Levy, president of Affordable Housing Management.
The Oakwood Park project is backed by $2.6 million in HOME-ARP funds from the state housing finance agency, with additional support from the city. It is expected to generate about 61 new jobs during construction and includes significant participation from minority- and women-owned businesses.
“This project shows what can be achieved when partners come together to address our community’s housing needs,” said Greensboro Mayor Nancy Vaughan, adding that Oakwood Park is part of the city’s “Road to 10K” initiative, which aims to add 10,000 new homes by 2030.
This is the third phase of AHM’s ongoing expansion of affordable housing in the city, following the Redhill Pointe and Vandalia Acres developments.
Officials said the new complex reflects a long-term commitment to tackling housing insecurity with sustainable, community-focused solutions.