Holly Springs Helps Homeowners Buy American Dream
Posted June 23, 1999
HOLLY SPRINGS — Holly Springsunveiled a new subdivision Wednesday, full of homes designed to give everyone a piece of the American dream.
Cross Pointe Village is designed in a neo-traditional style, which means it will look like older traditional neighborhoods, with tree-lined streets and a neighborhood park. The subdivision is also very affordable.
The 35-home subdivision may change your impression of affordable housing.
"These are very nice homes," said Lucius Jones, of the N.C. Housing Finance Agency. "They've got a lot of amenities."
The idea is to keep people within the community, instead of living out of town. Mayor Gerald Holleman says the goal is to offer people who work for the town a place they can afford to live; he also hopes to attract workers for businesses in town, so they don't "have to drive and clog the highways."
There are three different models, priced from $85,000 - 90,000. The low price is possible because of federal funds.
Jennifer Carr, economic development director of Holly Springs, explains. "Eighteen of the homes will be sold to low to moderate income families," Carr says. "For a family of four, that's about a $40,000 annual income."
Betty Rush owned the land, and wanted to do something for the community. She feels she's continuing what the landowners before her started.
"They worked hard and took great pride in purchasing the land, maintaining it, and providing for others to have homes here," Rush says. "I see this as an extension of what they began."
Cross Pointe Village is actually named after the previous owners.
There will be an open house this weekend for anyone interested in a home. The open house is scheduled for Saturday, June 26 from 10 a.m. to 2 p.m. For more information, call557-5243.