North Nashville’s West Trinity corridor is about to look very different. Nearly 500 affordable apartments are slated to come online there this year, as two major projects move from paperwork to dirt work. Together, a 233-unit family community and a 254-unit senior complex will mark one of the largest near-term boosts in income-restricted housing the neighborhood has seen in recent memory.
The surge in activity surfaced publicly in a WKRN News 2 segment on Tuesday that highlighted fresh construction moves and comments from city officials. As reported by WKRN News 2, the two developments follow months of planning and financing work across Metro’s affordable housing pipeline.
Evermere at Trinity: 233 Family Homes
Developer Dominium announced in a Feb. 5 press release that it had acquired land at 865 W Trinity Lane to build Evermere at Trinity, a 233-unit affordable community financed through the Section 42 Low-Income Housing Tax Credit program. In the release, Dominium said the project would feature multi-bedroom apartments aimed at families, along with amenities such as a clubhouse, pool and an on-site bus stop.
Northview: Faith-Backed Senior Housing
On land owned by Born Again Church, a faith-partnered effort is bringing Northview, a 254-unit senior affordable community that broke ground last year and is set to serve tenants earning between about 40% and 80% of Area Median Income. City Now Next reports that the deal leans on Amazon’s Housing Equity Fund, along with state tax credit and bond resources from the Tennessee Housing Development Agency, to complete its financing.
Money, Tax Credits And City Tools
Both developments depend on Low-Income Housing Tax Credits and a blend of public and private money that Nashville has increasingly used to push large affordable housing deals across the finish line. Metro’s Housing Division lays out programs such as the Barnes Fund and MDHA’s PILOT, which are designed to plug gaps in LIHTC financing and support long-term affordability, according to Metro Nashville’s Housing Division. Industry publications that follow these projects detail the LIHTC structures and the participating lenders that make the capital stacks work; Novogradac has tracked Evermere’s acquisition and financing details.
Why It Matters In North Nashville
For North Nashville, a neighborhood that has lived through decades of underinvestment followed by intense market pressure, these two projects represent an intentional push to add subsidized homes instead of only market-rate units. The scale of Nashville’s affordable housing shortfall, and the policy shifts the city has tried in response, were spelled out in a 2021 cover story and follow-up reporting by Nashville Scene…