FTK Construction Services, LLC, (FTK) a full-service nationwide general contractor specializing in LowIncome Housing Tax Credit (LIHTC) rehabilitation projects, announced a contract award for the rehabilitation of Bridgeview Village Apartments in Charleston, SC. The company said the amount of the contract award is approximately $19 million.
Bridgeview Village, built in 1971, is 100 percent affordable housing and the largest privately-owned affordable housing community on the Charleston peninsula, FTK said. The property consists of 300 apartment homes in 26 two-story buildings on 22 acres. Located at 108 N. Romney Street in Charleston, Bridgeview Village is being developed by a partnership led by Standard Communities. The architect for this project is Hooker DeJong Architects. The lender for the project is Citi Community Capital.
“Access to safe and affordable housing was a priority prior to COVID-19, and the pandemic has only exacerbated the need in Charleston. Standard Communities is excited to expand our partnership with FTK Construction Services to ensure the creation and preservation of affordable housing in this critical time,” said Tommy Attridge, director of Southeast production for Standard Communities, said in the announcement.
