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Home News Regions Eastern Virginia Affordable-housing apartment community opens in Suffolk

Affordable-housing apartment community opens in Suffolk

Published May 7, 2015 by Paula C. Squires

Hanover Square North shopping center courtesy CoStar Group Inc.

 

Federal, state and local officials gathered in Suffolk Thursday, May 7,  for the official opening of a 72-unit, affordable-housing apartment project.

The Residences at October project is located at 2028 Freeney Ave., the former site of the historic Tidewater Fair Downs.  Rep. J. Randy Forbes, (R-4th District), Susan Dewey, executive director for the Virginia Housing Development Authority along with Suffolk Mayor Linda T. Johnson and other guests spoke at the ceremony, which was followed by a tour.

More than $10 million was invested in the construction of the garden-style, community for working families at or below 50 percent of the area’s median income.  The apartments are part of a larger development, called October at Fair Downs that includes single-family, townhouse and triplex homes.

The complex features two- and three-bedroom apartments, a clubhouse, fitness center and a picnic area with grills.

The Lawson Cos., a Hampton Roads-based real estate firm, developed and constructed the property and will manage it.

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