Construction begins on Pecan Grove, Phase II

Phase II of the Pecan Grove Subdivision will consist of 44 three-bedroom and 20 four-bedroom homes on a 22-acre site in Waynesboro, Georgia. Financing was provided by the Federal Home Loan Bank, SunTrust Bank, National Equity Fund, and Affordable Equity Partners. Site construction is being performed by The Paradigm Group and the homes are being constructed by Horton Homes and Ritchie & Associates. Completion is scheduled for December 2007. Phase II will expand the Pecan Grove subdivision to 104 homes in total. Special thanks go out to the city staff and leaders, the Griffin family, our investors and lenders, and the numerous attorneys, engineers, and professionals that worked tirelessly to make this project a reality.