Continuing a trend of progress & growth throughout 2010, Bradley Development announces two more affordable housing projects. Following the success of Bay Pointe Phase I, Phase II will break ground in December. This community is designed for new families, students & young professionals. It features 56 units ~ 28 two bedroom/two bath units and 28 three bedroom/two bath units. Like Phase I, this community will feature a clubhouse & playground.

In Rock Hill, SC, we’re developing the Rock Pointe community. 48 units: 24 two bedroom/two bath units, 24 three bedroom/two bath units will be available to families in Spring 2011.

Bradley Development continues to build great affordable housing in the Carolinas. We couldn’t do this without our team. Progress Builders has been a big part of this growth & success. Both of these new developments will be financed with the following partners:

• Construction Loan – Churchill Mortgage
• Syndication Equity – PNC Multi-Family Capital
• Permanent Financing – Community Investment Corporation of the Carolinas
  (CICCAR)
• South Carolina State Housing Finance and Development Authority