TNB pledges $25,000 to support workforce housing in Thomasville Monday, January 26, 2026 -By Staff reports
- Earl Williams
- 5 days ago
- 2 min read
THOMASVILLE — Thomasville National Bank (TNB) reaffirmed its commitment to strengthening the community by investing $25,000 in the Thomasville Community Development Corporation (TCDC)’s Developers’ Loan Fund. The fund is a key financing tool designed to reduce construction costs for workforce housing in underinvested neighborhoods.
“TNB is excited about our ongoing relationship with TCDC,” said Melvin Hugans, Community Reinvestment Officer for Thomasville National Bank. “There is a clear need for workforce housing in Thomas County, and our partnership with TCDC helps address that need. We are committed to supporting the community in meaningful ways.”
Through its continued collaboration with TCDC, TNB aims to support long-term housing solutions that strengthen the local workforce and improve overall quality of life in Thomasville.
“Solving the affordable housing crisis takes multiple approaches and multiple partners,” said TCDC Executive Director Earl Williams. “TNB’s support isn’t just financial, they are true partners in the work.” In honor of the City of Thomasville’s Bicentennial Celebration, Williams said TCDC has committed to working with community partners like TNB to get 200 new or renovated homes in Thomasville’s Traditional Neighborhoods Urban Redevelopment Area (TN-URA), where 94% of Thomasville’s vacant or blighted housing is found.
Construction of 52 affordable senior apartments at the former Douglass High School campus is set to begin in February. In addition, TCDC’s proposed mixed-income development of up to 90 homes at the former Balfour School campus will further advance progress toward the “200 Home Challenge.”
Williams added that TCDC will also leverage tools such as the City of Thomasville-funded Home Improvement Grant Program and the Developers’ Loan Fund to assist neighborhood-based developers and residents in building or improving homes throughout the TN-URA.
“Our Board is hyper focused on infill development,” Williams said. “When I was growing up, these neighborhoods had a strong sense of community, but over time families moved out and businesses closed. The infrastructure is still there, though—and these neighborhoods are close to jobs and schools—making them one of the most affordable and sustainable ways to develop.”
Since its launch in 2023, TCDC has facilitated more than $860,000 in reinvestment within the TN-URA, including 11 home improvements, four new workforce homes, and two commercial façade renovations.