Section 538 loans in North Carolina
USDA's public file lists 141 Section 538 guaranteed loans in North Carolina, $278,687,484 in all, financing 7,745 apartments. 139 of them also used housing tax credits. The median loan covered 25% of total development cost.
Lenders on these loans
- CHURCHILL MORTGAGE INVESTMENT LLC51
- GREYSTONE SERVICING COMPANY LLC28
- MERCHANTS CAPITAL CORP.26
- BONNEVILLE MORTGAGE COMPANY, LLC22
- LUMENT REAL ESTATE CAPITAL, LLC10
- BELLWETHER ENTERPRISE REAL ESTATE3
- PNC BANK, N.A.1
Lender names as USDA records them. Open Country is not affiliated with any lender listed.
| Project | Closed | Loan | Loan to cost | Units | 1BR / 2BR / 3BR rent |
|---|---|---|---|---|---|
| Westridge Apartments Stoneville · Rehab/Repair · BONNEVILLE MORTGAGE COMPANY, LLC | 2026 | $820,000 | 19% | 30 | $655 / $748 / - |
| Courtyard I Henderson · Rehab/Repair · LIHTC · GREYSTONE SERVICING COMPANY LLC | 2025 | $4,964,000 | 45% | 70 | $1,040 / $1,150 / - |
| Courtyard II Henderson · Rehab/Repair · LIHTC · GREYSTONE SERVICING COMPANY LLC | 2025 | $2,574,000 | 44% | 38 | $1,055 / $1,160 / - |
| Deer Park Spruce Pine · Rehab/Repair · LIHTC · GREYSTONE SERVICING COMPANY LLC | 2025 | $2,219,000 | 38% | 32 | $910 / $1,150 / - |
| Donnell Villas Kernersville · Rehab/Repair · LIHTC · GREYSTONE SERVICING COMPANY LLC | 2025 | $5,979,000 | 53% | 72 | $970 / $1,145 / $1,415 |
| Edgewood Place Albemarle · Rehab/Repair · LIHTC · GREYSTONE SERVICING COMPANY LLC | 2025 | $5,461,000 | 54% | 56 | $1,125 / $1,310 / - |
| Kensington Park I & II New Bern · Rehab/Repair · LIHTC · GREYSTONE SERVICING COMPANY LLC | 2025 | $11,826,000 | 58% | 120 | $1,038 / $1,157 / - |
| Laurel Glen Roanoke Rapid · Rehab/Repair · LIHTC · GREYSTONE SERVICING COMPANY LLC | 2025 | $2,797,000 | 40% | 40 | $1,020 / $1,135 / - |
| Pender Square II & III Tarboro · Rehab/Repair · LIHTC · GREYSTONE SERVICING COMPANY LLC | 2025 | $7,350,000 | 49% | 92 | $895 / $1,065 / $1,320 |
| Windemere II Wilkesboro · Rehab/Repair · LIHTC · GREYSTONE SERVICING COMPANY LLC | 2025 | $3,127,000 | 38% | 48 | $915 / $1,055 / - |
| Woods I Henderson · Rehab/Repair · LIHTC · GREYSTONE SERVICING COMPANY LLC | 2025 | $6,255,000 | 54% | 72 | $1,019 / $1,099 / - |
| Balsam Edge Waynesville · New Construction · LIHTC · BELLWETHER ENTERPRISE REAL ESTATE | 2025 | $3,060,830 | 13% | 84 | $697 / $823 / $965 |
| The Covenant Senior Housing Castle Hayne · New Construction · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2025 | $1,432,200 | 9% | 68 | $798 / $871 / - |
| Eastport II At The Park Beaufort · New Construction · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2025 | $1,325,000 | 12% | 48 | $535 / $638 / $720 |
| Fernhill Apartments Conover · New Construction · LIHTC · BELLWETHER ENTERPRISE REAL ESTATE | 2025 | $2,875,000 | 18% | 72 | $640 / $760 / $870 |
| Riverbend Apartments Morganton · New Construction · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2024 | $2,640,000 | 18% | 66 | $563 / $760 / $831 |
| Berry Park Apartments Chadbourn · Rehab/Repair · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2024 | $559,000 | 28% | 18 | $911 / - / - |
| British Woods Apartments Roanoke Rapids · Rehab/Repair · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2024 | $618,000 | 24% | 26 | $760 / $796 / - |
| Brittany Place Apartments Washington · Rehab/Repair · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2024 | $1,140,000 | 33% | 40 | $995 / $1,070 / - |
| Brookside Apartments Maxton · Rehab/Repair · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2024 | $930,000 | 41% | 32 | $700 / $750 / - |
| Burnside Village Apartments Hookerton · Rehab/Repair · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2024 | $663,000 | 38% | 16 | $976 / - / - |
| Chadwick Place Apartments Chadbourn · Rehab/Repair · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2024 | $981,000 | 45% | 24 | - / $952 / $1,002 |
| Gooden Village Apartments Elizabethtown · Rehab/Repair · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2024 | $776,000 | 31% | 24 | $800 / - / - |
| Pine Ridge Apartments Newland · Rehab/Repair · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2024 | $735,000 | 24% | 31 | - / $777 / $797 |
| Piney Pointe Apartments Hamlet · Rehab/Repair · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2024 | $889,000 | 37% | 24 | - / $847 / - |
| Ridgeview Apartments Sparta · Rehab/Repair · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2024 | $775,000 | 25% | 36 | $762 / - / - |
| Ridgeway Apartments Taylorsville · Rehab/Repair · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2024 | $912,000 | 33% | 32 | $870 / $970 / - |
| River Park Apartments Sylva · Rehab/Repair · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2024 | $787,000 | 29% | 27 | $807 / - / - |
| Scotland Arms Apartments Scotland Neck · Rehab/Repair · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2024 | $620,000 | 35% | 20 | $875 / $905 / - |
| Woodfield Apartments Fairmont · Rehab/Repair · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2024 | $897,000 | 30% | 32 | - / $718 / $751 |
| Mountain Glen Apartments Brevard · Rehab/Repair · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2024 | $1,795,000 | 28% | 56 | - / $686 / $727 |
| The Residence At Northgate Statesville · New Construction · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2024 | $3,965,000 | 24% | 80 | $739 / $836 / - |
| Magnolia Run Lagrange · New Construction · LIHTC · BONNEVILLE MORTGAGE COMPANY, LLC | 2024 | $895,000 | 12% | 48 | $450 / $500 / $585 |
| Pungo Village Belhaven · Rehab/Repair · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2024 | $700,000 | 16% | 38 | $975 / $996 / - |
| Woodridge Village Mount Olive · Rehab/Repair · LIHTC · MERCHANTS CAPITAL CORP. | 2023 | $1,746,000 | 29% | 50 | $480 / $580 / $615 |
| Jasmine Apartments Columbus · New Construction · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2023 | $3,800,000 | 25% | 70 | $601 / $819 / $923 |
| Juniper Village Lillington · New Construction · LIHTC · MERCHANTS CAPITAL CORP. | 2023 | $2,994,251 | 17% | 80 | $625 / $706 / $804 |
| Juniper Village Lillington · New Construction · LIHTC · MERCHANTS CAPITAL CORP. | 2023 | $323,474 | 2% | 80 | $625 / $706 / $804 |
| Kendall Creek Sanford · New Construction · LIHTC · MERCHANTS CAPITAL CORP. | 2023 | $267,286 | 2% | 72 | $548 / $647 / - |
| Kendall Creek Sanford · New Construction · LIHTC · MERCHANTS CAPITAL CORP. | 2023 | $2,088,925 | 14% | 72 | $548 / $647 / - |
| The Havens At Oxford Oxford · Rehab/Repair · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2022 | $2,230,000 | 16% | 60 | $701 / $701 / - |
| The Meadows At Troutman Troutman · New Construction · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2022 | $1,243,100 | 8% | 84 | $558 / $694 / $795 |
| Holly Tree Grove Benson · New Construction · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2022 | $2,150,000 | 20% | 48 | $837 / $1,005 / - |
| Pine Crossing Valdese · New Construction · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2022 | $1,554,888 | 12% | 66 | $480 / $542 / $675 |
| Albemarle Hotel Albemarle · Rehab/Repair · LIHTC · BONNEVILLE MORTGAGE COMPANY, LLC | 2022 | $4,600,000 | 49% | 29 | $998 / $1,018 / $1,961 |
| Elm Green Newport · Rehab/Repair · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2022 | $1,430,000 | 23% | 48 | - / $625 / $709 |
| Kirkwood Grove Apartments Hudson · New Construction · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2021 | $2,160,000 | 19% | 70 | $594 / $713 / - |
| Signal Ridge Hendersonville · New Construction · LIHTC · BONNEVILLE MORTGAGE COMPANY, LLC | 2021 | $250,000 | 3% | 60 | $550 / $660 / $730 |
| Holly Creek Apartments Creedmoor · New Construction · LIHTC · BONNEVILLE MORTGAGE COMPANY, LLC | 2021 | $310,000 | 4% | 56 | $381 / $505 / $572 |
| Kattz Corner Lenoir · New Construction · LIHTC · MERCHANTS CAPITAL CORP. | 2021 | $2,778,451 | 25% | 68 | $532 / $603 / $675 |
| Wind Crest Senior Living Lumberton · New Construction · LIHTC · BONNEVILLE MORTGAGE COMPANY, LLC | 2021 | $590,000 | 6% | 66 | $450 / $575 / - |
| Welsummer Yards Benson · New Construction · LIHTC · MERCHANTS CAPITAL CORP. | 2021 | $4,525,292 | 37% | 72 | $642 / $752 / $824 |
| James Pointe LP Statesville · New Construction · LIHTC · BONNEVILLE MORTGAGE COMPANY, LLC | 2021 | $210,000 | 2% | 68 | $581 / $661 / $726 |
| Jasper Apartments Swannanoa · New Construction · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2020 | $4,100,000 | 28% | 84 | $568 / $676 / $788 |
| The Meadows At Troutman Troutman · New Construction · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2020 | $3,225,000 | 21% | 84 | $558 / $694 / $795 |
| Woodlane Street Apartments Granite Falls · New Construction · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2020 | $1,325,000 | 14% | 66 | $374 / $552 / $738 |
| Cambridge Oaks II Kings Mountain · New Construction · LIHTC · LUMENT REAL ESTATE CAPITAL, LLC | 2020 | $3,750,000 | 36% | 80 | $525 / $620 / $705 |
| Pinehurst Senior Apartments West End · New Construction · LIHTC · BONNEVILLE MORTGAGE COMPANY, LLC | 2020 | $1,794,000 | 25% | 56 | $282 / $335 / - |
| Mocksville Pointe Apartments Mocksville · New Construction · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2020 | $1,790,000 | 19% | 66 | $389 / $623 / $733 |
| Aaronfield At Miller's Creek Winston Salem · New Construction · LIHTC · MERCHANTS CAPITAL CORP. | 2020 | $1,541,519 | 19% | 52 | $391 / $478 / $618 |
| Aaronfield At Old Folkstone Sneads Ferry · New Construction · LIHTC · MERCHANTS CAPITAL CORP. | 2020 | $1,969,532 | 17% | 80 | $438 / $512 / $567 |
| Artesa Village Apartments Sunset Beach · New Construction · LIHTC · MERCHANTS CAPITAL CORP. | 2020 | $2,169,134 | 19% | 72 | $460 / $548 / $640 |
| Long Creek Apartments II Dallas · New Construction · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2020 | $5,675,000 | 56% | 80 | $650 / $750 / $850 |
| Sandhill Court Sanford · New Construction · LIHTC · MERCHANTS CAPITAL CORP. | 2020 | $2,582,912 | 23% | 80 | $450 / $537 / $620 |
| Uwharrie Trail Albermarle · New Construction · LIHTC · MERCHANTS CAPITAL CORP. | 2020 | $1,079,816 | 9% | 80 | $428 / $542 / - |
| Abbington Village Apartments Raleigh · New Construction · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2019 | $6,700,000 | 37% | 85 | $500 / $565 / $300 |
| Smith Creek Apartments Bermuda Run · New Construction · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2019 | $4,300,000 | 40% | 80 | $556 / $667 / $790 |
| Perry Lane Apartments Arden · New Construction · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2019 | $7,100,000 | 44% | 120 | $652 / $783 / $903 |
| Oklawaha Village Hendersonville · New Construction · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2019 | $3,015,092 | 25% | 78 | $494 / $571 / $796 |
| Meridian Pointe Denver · New Construction · LIHTC · MERCHANTS CAPITAL CORP. | 2019 | $2,173,477 | 21% | 72 | $437 / $515 / $583 |
| Pond View Hildebran · New Construction · LIHTC · MERCHANTS CAPITAL CORP. | 2019 | $1,185,453 | 15% | 60 | $375 / $478 / $528 |
| Andover Park Kinston · New Construction · LIHTC · BONNEVILLE MORTGAGE COMPANY, LLC | 2019 | $865,000 | 12% | 60 | - / $490 / $490 |
| Mckinley Place - Subsequent Coats · New Construction · LIHTC · BONNEVILLE MORTGAGE COMPANY, LLC | 2019 | $153,865 | 3% | 48 | - / $520 / $585 |
| Mckinley Place Coats · New Construction · LIHTC · BONNEVILLE MORTGAGE COMPANY, LLC | 2019 | $1,450,000 | 24% | 48 | - / $550 / $585 |
| Brookway Village Nashville · Rehab/Repair · LIHTC · LUMENT REAL ESTATE CAPITAL, LLC | 2019 | $852,400 | 27% | 36 | $530 / $560 / - |
| Colony Woods Roanoke Rapids · Rehab/Repair · LIHTC · LUMENT REAL ESTATE CAPITAL, LLC | 2019 | $859,900 | 28% | 34 | $532 / $575 / - |
| Crest Knolls Taylorsville · Rehab/Repair · LIHTC · LUMENT REAL ESTATE CAPITAL, LLC | 2019 | $1,452,200 | 44% | 40 | $590 / $687 / $800 |
| Pinewood Park Laurinburg · Rehab/Repair · LIHTC · LUMENT REAL ESTATE CAPITAL, LLC | 2019 | $1,790,100 | 51% | 54 | $620 / $650 / $670 |
| Pireway Place Tabor City · Rehab/Repair · LIHTC · LUMENT REAL ESTATE CAPITAL, LLC | 2019 | $355,000 | 13% | 24 | $575 / $595 / - |
| Richland Apartments Rich Square · Rehab/Repair · LUMENT REAL ESTATE CAPITAL, LLC | 2019 | $492,500 | 24% | 24 | $570 / $625 / - |
| Rosewood Village Norlina · Rehab/Repair · LIHTC · LUMENT REAL ESTATE CAPITAL, LLC | 2019 | $1,718,900 | 48% | 40 | $642 / $670 / - |
| The Willows Apartments Oxford · Rehab/Repair · LIHTC · LUMENT REAL ESTATE CAPITAL, LLC | 2019 | $1,329,700 | 36% | 40 | $620 / $660 / - |
| Warren Place Norlina · Rehab/Repair · LIHTC · LUMENT REAL ESTATE CAPITAL, LLC | 2019 | $600,000 | 28% | 20 | $640 / $680 / - |
| Indigo Franklin · New Construction · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2018 | $2,155,000 | 28% | 60 | $480 / $575 / $655 |
| Morgan Pointe Elizabeth City · New Construction · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2018 | $3,681,000 | 24% | 120 | $445 / $550 / $592 |
| James Pointe Statesville · New Construction · LIHTC · BONNEVILLE MORTGAGE COMPANY, LLC | 2018 | $3,186,000 | 34% | 68 | $606 / $692 / $768 |
| Abbington Grove Of Wadesboro Wadesboro · New Construction · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2018 | $1,060,000 | 15% | 48 | - / $550 / $631 |
| Holly Creek Apartments Creedmoor · New Construction · LIHTC · BONNEVILLE MORTGAGE COMPANY, LLC | 2018 | $1,079,600 | 14% | 56 | $445 / $545 / $625 |
| River Pointe Shallotte · New Construction · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2018 | $3,132,000 | 39% | 62 | $558 / $660 / $753 |
| Signal Ridge Hendersonville · New Construction · LIHTC · BONNEVILLE MORTGAGE COMPANY, LLC | 2018 | $2,758,500 | 32% | 60 | $520 / $630 / $700 |
| Ashton Way Eden · New Construction · LIHTC · MERCHANTS CAPITAL CORP. | 2018 | $1,030,442 | 16% | 48 | $385 / $550 / $610 |
| Pittsboro Village Phase II Pittsboro · Rehab/Repair · LIHTC · BONNEVILLE MORTGAGE COMPANY, LLC | 2018 | $845,000 | 21% | 40 | $550 / $603 / - |
| Austin Manor Apartments Smithfield · Rehab/Repair · LIHTC · GREYSTONE SERVICING COMPANY LLC | 2018 | $2,638,000 | 50% | 48 | $667 / $745 / - |
| Chadwick Apartments 216 North Oakland Aven · Rehab/Repair · LIHTC · GREYSTONE SERVICING COMPANY LLC | 2018 | $1,856,000 | 46% | 48 | $505 / $625 / $660 |
| Colonial Lodge Warrenton · Rehab/Repair · LIHTC · GREYSTONE SERVICING COMPANY LLC | 2018 | $1,229,000 | 38% | 32 | $632 / - / - |
| Lumberwood Apartments Lumberton · Rehab/Repair · LIHTC · GREYSTONE SERVICING COMPANY LLC | 2018 | $906,000 | 24% | 48 | $423 / $490 / - |
| Mill Tree Apartments Marshville · Rehab/Repair · LIHTC · GREYSTONE SERVICING COMPANY LLC | 2018 | $1,257,000 | 50% | 24 | $693 / $733 / - |
| Pinegate Apartments Ahoskie · Rehab/Repair · LIHTC · GREYSTONE SERVICING COMPANY LLC | 2018 | $1,622,000 | 36% | 56 | $475 / $500 / $525 |
| Tall Pines Apartments Hamlet · Rehab/Repair · LIHTC · GREYSTONE SERVICING COMPANY LLC | 2018 | $1,173,000 | 31% | 48 | $430 / $485 / - |
| Glen Lake Apartments Smithfield · New Construction · LIHTC · BONNEVILLE MORTGAGE COMPANY, LLC | 2018 | $250,000 | 3% | 72 | - / $549 / $603 |
| Glen Lake Apartments Smithfield · New Construction · LIHTC · BONNEVILLE MORTGAGE COMPANY, LLC | 2018 | $2,625,000 | 29% | 72 | - / $549 / $603 |
| Jake's Ridge Oxford · New Construction · LIHTC · BONNEVILLE MORTGAGE COMPANY, LLC | 2018 | $2,010,000 | 24% | 64 | - / $600 / $675 |
| The Pines At Lake Road Havelock · Rehab/Repair · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2018 | $2,228,000 | 30% | 60 | - / $605 / $645 |
| Shepard Greene Zebulon · New Construction · LIHTC · BELLWETHER ENTERPRISE REAL ESTATE | 2018 | $2,890,000 | 42% | 50 | $685 / $780 / - |
| Wood Spring Fuquay Varina · New Construction · LIHTC · BONNEVILLE MORTGAGE COMPANY, LLC | 2018 | $1,200,000 | 19% | 48 | $558 / $613 / - |
| Barringer's Trace Mt. Pleasant · New Construction · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2018 | $3,504,000 | 44% | 64 | $574 / $674 / $751 |
| Jasper Pointe Apartments Mount Airy · New Construction · LIHTC · MERCHANTS CAPITAL CORP. | 2017 | $1,385,463 | 17% | 60 | $475 / $550 / $650 |
| Harpers Glen Apartments Clinton · New Construction · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2017 | $2,011,630 | 21% | 72 | $419 / $527 / $611 |
| Griffin Park Apartments Lumberton · New Construction · LIHTC · MERCHANTS CAPITAL CORP. | 2017 | $2,001,519 | 21% | 72 | $485 / $538 / $575 |
| Camden Pointe Apartments Mocksville · New Construction · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2017 | $2,288,000 | 29% | 60 | - / $574 / $698 |
| Abbington Oaks Apartments Southport · New Construction · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2017 | $2,660,000 | 31% | 72 | $434 / $563 / $647 |
| The Grande At Granite Falls Rolesville · New Construction · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2017 | $3,004,500 | 30% | 74 | $526 / $611 / - |
| Caroline Courtyard Apartments Lincolnton · New Construction · LIHTC · MERCHANTS CAPITAL CORP. | 2017 | $1,476,000 | 20% | 56 | - / $668 / $724 |
| Eden Chase Apartments Eden · New Construction · LIHTC · MERCHANTS CAPITAL CORP. | 2017 | $990,572 | 15% | 60 | - / $586 / $637 |
| Mountain View Apartments Wilkesboro · New Construction · LIHTC · MERCHANTS CAPITAL CORP. | 2017 | $1,250,000 | 20% | 48 | - / $488 / $538 |
| High Ridge Sylva · New Construction · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2017 | $1,015,257 | 18% | 42 | $438 / $536 / $612 |
| Conrad Corners King · New Construction · LIHTC · MERCHANTS CAPITAL CORP. | 2017 | $1,980,000 | 25% | 60 | - / $575 / $630 |
| Sienna Heights Yadkinville · New Construction · LIHTC · MERCHANTS CAPITAL CORP. | 2017 | $1,218,708 | 19% | 48 | - / $582 / $681 |
| Bellemont Pointe Apartments Pittsboro · New Construction · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2016 | $1,975,948 | 19% | 76 | $480 / $580 / $680 |
| Villas At Hickory Tree Winston Salem · New Construction · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2016 | $1,150,000 | 16% | 56 | $499 / $566 / - |
| Villas At Fallen Spruce Asheville · New Construction · LIHTC · BONNEVILLE MORTGAGE COMPANY, LLC | 2016 | $1,136,500 | 16% | 55 | $527 / $610 / - |
| Town Centre Apartments Locust · New Construction · LIHTC · MERCHANTS CAPITAL CORP. | 2016 | $1,769,900 | 24% | 60 | - / $686 / $757 |
| Woodland Bluff Elkin · New Construction · LIHTC · MERCHANTS CAPITAL CORP. | 2016 | $1,259,186 | 20% | 48 | - / $534 / $570 |
| Sparta Springs Apartments North Wilksboro · New Construction · LIHTC · MERCHANTS CAPITAL CORP. | 2016 | $1,603,654 | 25% | 48 | - / $702 / $811 |
| Riverwood Haven Clayton · New Construction · LIHTC · BONNEVILLE MORTGAGE COMPANY, LLC | 2016 | $1,320,000 | 19% | 60 | $505 / $561 / - |
| Hilma Green Apartments Tarboro · New Construction · LIHTC · MERCHANTS CAPITAL CORP. | 2016 | $1,234,908 | 16% | 64 | - / $532 / $614 |
| Holly Woods At Sunset Lake Holly Springs · New Construction · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2016 | $2,600,000 | 27% | 64 | $535 / $619 / $704 |
| Cottages At Twin Oaks Angier · New Construction · LIHTC · BONNEVILLE MORTGAGE COMPANY, LLC | 2015 | $1,055,000 | 16% | 48 | - / $360 / $545 |
| Southerland Village Apartments Wallace · New Construction · LIHTC · CHURCHILL MORTGAGE INVESTMENT LLC | 2014 | $715,000 | 11% | 48 | $429 / $502 / $562 |
| Charleston Apartments Bryson City · Rehab/Repair · LIHTC · GREYSTONE SERVICING COMPANY LLC | 2012 | $771,000 | 31% | 32 | $475 / - / - |
| Dry Ridge Apartments Weaverville · Rehab/Repair · LIHTC · GREYSTONE SERVICING COMPANY LLC | 2012 | $964,000 | 55% | 24 | - / $572 / - |
| Homestead Apartments Asheville · Rehab/Repair · LIHTC · GREYSTONE SERVICING COMPANY LLC | 2012 | $1,436,000 | 57% | 32 | $585 / $640 / $650 |
| Hunters Run Apartments Burnsville · Rehab/Repair · LIHTC · GREYSTONE SERVICING COMPANY LLC | 2012 | $753,000 | 26% | 44 | $498 / - / - |
| Mashburn Gap Apartments Marshall · Rehab/Repair · LIHTC · GREYSTONE SERVICING COMPANY LLC | 2012 | $1,019,000 | 35% | 34 | $607 / $650 / - |
| Mitchell House Apartments Bakersville · Rehab/Repair · LIHTC · GREYSTONE SERVICING COMPANY LLC | 2012 | $342,000 | 17% | 22 | $488 / $564 / - |
| Park Ave Place Apartments Mooresville · Rehab/Repair · LIHTC · GREYSTONE SERVICING COMPANY LLC | 2012 | $1,164,000 | 44% | 32 | $530 / $595 / - |
| Ro-well Apartments Rockwell · Rehab/Repair · LIHTC · GREYSTONE SERVICING COMPANY LLC | 2012 | $1,212,000 | 40% | 36 | $510 / $575 / - |
| Sweetwater Apartments Robbinsville · Rehab/Repair · LIHTC · GREYSTONE SERVICING COMPANY LLC | 2012 | $345,000 | 15% | 32 | $460 / $510 / - |
| Ulco Bluffs Apartments Franklin · Rehab/Repair · LIHTC · GREYSTONE SERVICING COMPANY LLC | 2012 | $1,028,000 | 37% | 38 | $430 / $514 / $539 |
| Westwind Apartments Andrews · Rehab/Repair · LIHTC · GREYSTONE SERVICING COMPANY LLC | 2012 | $997,000 | 29% | 42 | $425 / $505 / $565 |
| Sherwood Glen Apartments Reidsville · New Construction · LIHTC · PNC BANK, N.A. | 2008 | $1,250,000 | 18% | 56 | - / $541 / $622 |