Rivermere Apartments

Rivermere Apartments provides upscale residences consisting of 120 two-bedroom and 72 three-bedroom apartments.
Rivermere

Neighborhood Overview

The purpose of this development is to provide a mixed-income community with a quality amenity package. Rivermere is The Housing Partnership’s first mixed-income multi-family project and first bond deal. The site is at the Mt. Island Lake area and is the last piece of property grandfathered in for multi-family housing at the lake.

 

The exterior shells of the buildings are brick and vinyl siding, each building boasting a different vibrant color. The community has an irrigation system, flower beds and decorative street lighting. Site amenities include a pool, clubhouse, community room, playground, resident clothes care center, business center, and fitness center. On-site management staff is present six days a week to assist future and current residents.

 

Interiors feature open floor plans (886 square feet for 2 bedrooms; 1,101 square feet for 3 bedrooms). Additional features include dishwashers, garbage disposals, generous counter space, laundry rooms, two baths, ceiling fans, energy efficient AC/heating, security systems, private decks/porches, outside storage rooms and walk-in closets.

The Numbers

Financing

$17 million project

Development Partners

  • The Housing Partnership
  • Apollo Housing Capital LLC, Tax Credit Investor
  • Bank of America
  • City of Charlotte Housing Trust Fund<
  • Highland Mortgage Company
  • Morgan Keegan and Company, Inc.
  • North Carolina Housing Finance Agency
  • U.S. Department of Housing and Urban Development (HUD)
  • Wachovia Bank

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**Update about COVID-19**

Our thoughts are with everyone as we navigate a new normal surrounding COVID-19. We continue monitoring the situation and following the recommendations and guidelines of the CDC, with our main concern being the health and well-being of our customers, employees and partners.  We are working to ensure that we provide uninterrupted service, while also supporting the safety of the community.

To limit potential exposure, we’ve closed our senior apartment buildings to visitors (except for essential medical and food services) and have other protocols in place including closing common areas and ramping up cleaning efforts to support the well-being of our senior residents as much as possible. We’ve implemented many of the same safety measures across our multi-family apartment communities as well. We’ve also communicated with our homebuyer and financial literacy customers about new opportunities to fulfill courses through a virtual learning option and telephone counseling sessions instead of in-person classes and sessions through the end of March. Our goal is to work with our customers’ schedules to make these accommodations.

We wish for everyone to be in good health as we continue doing our part to ensure the safety and well-being of our customers, employees and community. If you need to reach us, please call 704-342-0933. Thank you.