

Ready to Build?
94% of Thomasville’s vacant and blighted properties are within the Traditional Neighborhood Urban Redevelopment Area (“area”) - over 5,000 total properties.
TCDC is calling all homeowners, landlords, builders, investors to join us in building or improving 200 homes in Thomasville’s Traditional Neighborhoods. Connect with us to join the challenge!
Real Estate Development

Featured Project:
Douglass School Senior Apartments
LIHTC (Low-Income Housing Tax Credit) Program

Featured Project:
Stevens Street Workforce Housing
Single Family Home Ownership
Douglass School Senior Apartments is a $23 million adaptive-reuse development that will transform the historic Douglass campus into 52 affordable apartments for adults age 55 and older. The 15-month construction effort is led by Gideon Construction and supports households at 60–80% of Area Median Income, with 10% of apartments offered at market rate. The project preserves a local landmark while adding accessible, energy-efficient housing and community amenities in Dewey City.
TCDC is partnering with Tapestry Development Group through Douglass School Senior Partners, LP. The development was awarded $15.3 million in Low-Income Housing Tax Credits by the Georgia Department of Community Affairs.
The Stevens Street Workforce Housing pilot used innovative zoning, financing, and contracting to accomplish attainable, infill development in Thomasville's Traditional Neighborhood URA. With all four houses now sold or under contract, the project showcases how critical public-private partnerships can build new attainable home ownership opportunities.
Through InvestTVL (TCDC's lending arm) developers accessed low-interest construction loans and agreed to sell the 3 bedroom/2 bathroom homes for under $225,000.
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9 Neighborhood-based businessses engaged (30 jobs, $640 in revenue)
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4 Homes built ($900k value)
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Syndicated loan and lot preparation saved $20k and three months of project time.

Interested in working with us to build more resilient neighborhoods?
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