In a recent government meeting, developers presented plans for a new townhome project aimed at addressing the ongoing housing crisis in Johnston County. The proposal includes approximately 20 townhomes, designed to be affordable, with prices expected to range around $225,000 for three-bedroom, two-bath units. This pricing positions them among the most affordable new housing options in the area.

Developer Tommy Dean emphasized the importance of affordability in the current market, noting that many potential buyers are deterred by rising interest rates and housing costs. He stated that the homes would feature vinyl siding and small front porches, aiming for a vibrant aesthetic while maintaining cost-effectiveness. The project is expected to begin construction within four months, with completion anticipated within six months, contingent upon necessary environmental assessments.

Concerns were raised regarding the proximity of the townhomes to a designated floodplain, which could pose risks during severe weather events. Dean assured attendees that potential buyers would be informed about the floodplain status, and specialized insurance would be recommended for those units at risk.

The discussion also touched on the broader housing market dynamics, with Dean explaining that the pricing strategy reflects current market conditions and buyer preferences. He noted that while higher-end homes are prevalent in nearby areas like Clayton, the focus for this project is on entry-level housing that meets the needs of local residents.

Overall, the proposed townhome development aims to provide much-needed affordable housing options while navigating the challenges posed by environmental considerations and market fluctuations.