Cascade Gardens

Cascade Gardens

New Senior Affordable Rental Community to Address Housing Needs in NC

In the heart of Mooresville, North Carolina, a new affordable rental community was recently built to help meet the growing demand for housing options in the area. Cascade Garden Apartments, an innovative senior development spearheaded by Wesley Community Development Corporation (Wesley CDC), Prosperity Unlimited, Inc., and Community Foundations CDC, Inc., has significantly impacted the local housing landscape.

Cascade Garden Apartments isn't just another housing project; it's a testament to collaboration and dedication to serving the community's needs. Comprising 68 units tailored specifically for senior households aged 55 and older, the development addresses a critical gap in affordable housing. With units designed to accommodate various income levels—up to 30%, 50%, and 60% of the Area Median Income—Cascade Garden ensures inclusivity and accessibility for all seniors in the area.

Cascade Gardens
Cascade Gardens
BY THE NUMBERS

New Construction: 68 Units
Private Equity Investment: $6,638,402

During Construction:
Local Jobs Supported: 61
Projected Government Revenue: $1,155,728

With convenient access to essential services, public transit, and arterial roads, Cascade Garden becomes more than just a place to live—it becomes a hub for community engagement and connection. From its integrated community spaces to an array of amenities, including a computer center, exercise room enhanced by monies from CAHEC's Active Lifestyle Grant, and outdoor sitting area, Cascade Garden fosters a vibrant and enriching lifestyle for its residents.



Moreover, Cascade Garden responds to a growing demographic trend in the region. With an increasing senior population projected through the next several years, the development meets a critical need for age-appropriate housing options. By offering modern amenities and a supportive community environment tailored to seniors' needs, Cascade Garden becomes a model for future developments aiming to address the evolving needs of aging populations.

Download PDF Version
View More Properties