Shepard Greene, LP
Shepard Greene is a gorgeous new 50-unit affordable senior rental community designed with bright open living spaces, quality finishes, energy efficient features, plus several community spaces. The property provides comfortable, secure age-in-place living for residents aged 55+ who are at or below 60% area median income.
The three-story building with elevator has a first floor gathering space, upper level community room with kitchenette, computer center, fitness room, central laundry, resident storage units, and onsite management office/conference area.
The 1BR and 2BR stylish units have EnergyStar appliances including dishwashers, large windows, washer-dryer hookups, and emergency call systems. Five units have ADA features for mobility impairments and two are designed for those with hearing/sight impairments.
Shepard Greene was made possible with support from the Town of Zebulon and the allocation of housing tax credits by the North Carolina Housing Finance Agency.
Bank of America was primary equity investor and
Bellwether Enterprise facilitated a USDA 538 loan.
We greatly appreciate these important contributions.