Busch Crossing
Location:
Type: Neighborhood Revitalization
Targeted Residents: Neighborhood Single family residents
Owner: Community Development Improvement Corporation
History: The Aiken Housing Authority had condemned 60 apart
Challenge: Replace old, unsafe public housing with varied single family homes.
Solution: This new effort is focused on keeping the new 23 homes as rental units for 15 years, after which the homes will be sold to the lower income residents occupying the homes using no interest deferred second mortgages to make the homes affordable. CDIC and Nehemiah will work with each family to prepare them for eventual homeownership and to instill in each family a sense of “ownership” of their new home. The Busch Crossing development is transforming Aiken by replacing old, unsafe public housing units with beautiful, varied single family homes that will strengthen and enrich the surrounding neighborhood for years to come.