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Affordable Housing Apartments in Happy Hill

Proposed · North Carolina · Last reported Nov 2025

Source: The Business Journals

Project
Proposed

The Vecino Group proposes to build an affordable apartment community consisting of four two-story buildings totaling 42 units on nine acres in the historic Happy Hill neighborhood in Winston-Salem. The project includes one-bedroom, two-bedroom, and three-bedroom units serving families making 40% to 60% of the area median income. The developer would purchase the site from the city for $250,000, wit

Status
Prospective
Sector
Road, Residential, Government
Location
Winston-Salem, North Carolina, United States of America
Updated
22 Jul 2026
Source
The Business Journals

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The project “Affordable Housing Apartments in Happy Hill” is an infrastructure initiative in the Road sector, located in Winston-Salem, North Carolina, United States. Taiyo aggregates data on it from The Business Journals.

Participants

Sponsoring Agency

Status

Original status

proposed

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The Vecino Group proposes to build an affordable apartment community consisting of four two-story buildings totaling 42 units on nine acres in the historic Happy Hill neighborhood in Winston-Salem. The project includes one-bedroom, two-bedroom, and three-bedroom units serving families making 40% to 60% of the area median income. The developer would purchase the site from the city for $250,000, with the total appraised land value at $486,000. The project aims to add affordable rental units to the community, with some units reserved for permanent supportive housing.

Original sector

Housing

Budget

Location

Country

United States of America (USA)

State

North Carolina

City

Winston-Salem

Source

Source

The Business Journals

URL

More Details

Record type

Project

Sector

Road, Residential, Government

Article published date

2025-11-06

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