News Provided by
SCG Development
TYSONS, VIRGINIA, March 7, 2025 – SCG Development, in partnership with NHE, Inc. and United Housing Connections, is pleased to announce the completion of construction of Parkside at Butler – Phase II, located in Mauldin, South Carolina.
This 80-unit multi-family facility consists of 1, 2, and 3-bedroom apartment homes. The development will utilize income averaging and offer units to qualified tenants at 20%, 50%, 60%, and 70% of the area median income. The development is the second phase of the adjacent development known as Parkside at Butler 1 and was made possible by receiving an allocation of 9% LIHTC’s awarded by SC Housing, a construction loan from TD Bank, LIHTC equity capital provided by Stratford Capital Group, permanent financing from Centrant Community Capital, and Subordinate Funding from the Greenville County Redevelopment Authority.
Both phases of this development were designed by Steele Group Architects, constructed by Creative Builders, and will be managed by NHE, Inc. For leasing information, please call NHE at 864-686-7240.
About SCG Development
SCG Development is a privately held real estate development firm focused on creating quality affordable and workforce rental communities that are affordable to the workforce. Our portfolio consists of over 60 properties across the country, including high-rise new construction, adaptive reuse of historic buildings, and the acquisition and rehabilitation of existing apartment communities. For more information, visit please www.scgdevelopment.com.