Oppidan Debuts Two Raleigh Affordable Housing Communities

Oppidan Debuts Two Raleigh Affordable Housing Communities
News| May 4, 2026| Mike Boyd
Atlanta & Southeast + Apartment Buildings

Oppidan Investment Company recently opened two new affordable housing communities in Raleigh, N.C.: The Pines at Peach and Birch & Branch. These communities are each designed to serve residents across a range of income levels.

Located at 3470 Overstory Circle, Birch & Branch is a $49 million development featuring 180 one-, two- and three-bedroom apartments for families earning between 30 percent and 70 percent of the area median income (AMI). 

Birch & Branch was constructed by Mills Construction.

Located at 3000 Stone Grove Road in South Raleigh, this $34 million development includes 119 one-, two- and three-bedroom apartments reserved for low-income renters at 30% and 60% of AMI.

For both projects, financing included Low Income Housing Tax Credits (LIHTCs) allocated by the North Carolina Housing Finance Agency and Tax Exempt Bonds from the Raleigh Housing Authority.

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