The Greenville News has published an article about the Woven Project, which received approval from Greenville County’s Finance Committee for a special source credit due to the Workforce and Affordability Policy adopted last October, will go before County Council on August 15th for full approval.
…”The Workforce and Affordability Policy allows tax abatements for projects that include 20% of their total housing units for affordable and workforce housing. Within the 20%, the affordability must be diverse as well, so those making different rates of the Area Median Income (AMI) could afford to live there…
Last July, the city of Greenville Planning Commission recommended denial to the city council due to concerns revolving its scale, mass and density. It was approved by the city council in August but returned to planning commission during the city council’s second reading.
After changes to the project, including reducing housing units from 254 to 214 and increasing affordable housing units from 10% to 20%, the project was approved by the planning commission and city council…”
Rendering: Woodfield Development