Wednesday, June 3, 2026

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Crescent Communities Signs Homebuilders for Paddlers Cove Community at Lake Wylie

Crescent Communities is excited to partner with two homebuilders, Fielding Homes and Lennar, for its Paddlers Cove residential community at Lake Wylie. Fielding Homes will be the featured homebuilder at Paddlers Cove, which will total approximately 550 homes when fully built out, while Lennar will be the featured builder at the adjacent Summerhouse at Paddlers Cove neighborhood, which will total approximately 170 homes.

Recent Gov & Nonprofit Real Estate Press Releases

Carey, Panetta Introduce the Affordable Housing Credit Carryback Act

Last week, U.S. Reps. Mike Carey (R-OH-15) and Jimmy Panetta (D-CA-19) introduced H.R. 9012, the Affordable Housing Credit Carryback Act to strengthen the Low-Income Housing Tax Credit (LIHTC). This legislation will change the LIHTC carryback period from one year to five years, which will increase the uptake of these important credits and spur more investment in affordable housing production.