City of Greenville Demands 10% Affordable Housing in County Square Development Plan
Greenville County and the developers of the billion redevelopment plan called County Square are still negotiating with the City of Greenville. While there are still lots of details to hammer out, no doubt all of those will get agreed upon with the possible exception of the City of Greenville’s demand that 10% of the housing be designated at “affordable housing.” The Greenville News has an excellent in-depth article today regarding the County Square project. In addition, there is a follow up story with concerns that neighbors have regarding the redevelopment of their neighborhoods.
This seems like a big reach by the city. Why is it this city councils all across the country feel they can interfere with projects like this and make a claim to get affordable housing. If the city wants affordable housing then collect whatever fee you think is necessary to fund your efforts and go build it elsewhere.
There are lots of places in Greenville to build affordable housing for people that the city can then manage. The developers should ask the city how much money are they looking for and pay them off.
About The Author
John Murphy
Husband of 36 years to my college sweetheart, Janet Murphy (@janetmurphydesign on Instagram). Together we have 6 wonderful children from ages 18-34 and 6 grandchildren. My main work is helping commercial building owners and real estate investors save money on their income taxes by doing cost segregation. I work all over the U.S. but have a lot of clients here in SC and in the southeast in particular. The firm I represent is CSSI, LLC. I love the work! I’ve also been a licensed REALTOR since 2003 and broker since 2007 but my work is limited to just a few clients each year. We relocated to Greenville, SC for the lifestyle, lower cost of living, amazing amenities in the area and the growth opportunity for business and real estate. We absolutely love it here!
All opinions are expressly my own and do not represent either CSSI, LLC or eXp Realty LLC or any other company, organization or group that I might be affiliated with.