Wallick Awarded 9% LIHTC for Two Senior Housing Communities in North Carolina

Wallick has been awarded two highly competitive 9% Low-Income Housing Tax Credit (LIHTC) allocations from the North Carolina Housing Finance Agency (NCHFA) to support the development of Onyx Place in Wilmington, NC, and Archer Commons in Morganton, NC.

Together, these communities will add 96 affordable apartments for seniors, advancing our mission to create high-quality housing that supports independence and well-being.

Once completed, these two communities will bring Wallick’s total number of homes in North Carolina to 396.

Onyx Place – Wilmington, NC

Onyx Place will be a four-story community with 48 apartments for seniors (55+) earning between 30% and 80% of the Area Median Income (AMI). The development will offer a mix of 28 one-bedroom and 20 two-bedroom apartments, each with energy-efficient appliances and in-unit washer/dryer hookups.

The $14.2 million project is being developed in partnership with Tightlines Designs, Inc., Mc2 Engineering, the City of Wilmington, Partnership Property Management, and NCHFA.

Pictured: Rendering of Onyx Place

Archer Commons – Morganton, NC

Archer Commons will provide 48 apartments for seniors 55+, with a mix of 28 one-bedroom and 20 two-bedroom units reserved for households earning 40% to 60% AMI. Like Onyx Place, the four-story community will feature energy-efficient appliances and washer/dryer hookups, along with balconies and patios in select units.

Development partners include Tightlines Designs, Inc., Mc2 Engineering, the Western Piedmont Council of Governments, Partnership Property Management and NCHFA. The project represents an estimated $13.8 million investment in the Morganton community.

Across both communities, residents will enjoy spaces designed to support health and connection, including:

  • A multipurpose room
  • Fitness center and computer room
  • Indoor and outdoor seating areas, including a gazebo

Wallick is proud to bring these two communities forward at a time of growing need for affordable senior housing in North Carolina.

Pictured: Map depicting locations of Archer Commons & Onyx Place

These developments reflect the value of strong local partnerships and the transformative impact of LIHTC awards. We’re grateful to North Carolina team members Jake Gill, Brandon Barcena and Nate Dedrick for their dedication, and to our partners and the communities of Wilmington and Morganton for their support.

Together, these communities will provide seniors with safe, high-quality homes and a place to thrive.