Business Details
29 Years
experience
Your Trusted Home Builder for Affordable Housing Solutions
Connelly Builders has established itself as a leader in creating quality affordable housing solutions. With over 100 years of combined experience in residential construction and development, our team specializes in designing communities that address diverse housing needs. We offer comprehensive services spanning initial concept development, value engineering, and efficient construction tailored to budget constraints. Our expertise extends to navigating complex financing structures including HUD programs, tax credits, and public-private partnerships. We focus on three core housing types: Affordable Workforce Housing for working-age individuals, Elderly Communities for residents 55+, and Conventional Apartment Complexes with market-rate pricing.Our commitment to timely project delivery and community impact has resulted in 54 completed projects totaling over $370 million in development value. Through strategic partnerships with architects, engineers, and local governments, we ensure each development aligns with community needs while maintaining financial sustainability. Our proven track record in overcoming development challenges demonstrates our dedication to solving housing accessibility issues. We maintain active licenses in South Carolina, North Carolina, Georgia, and Tennessee, with reciprocal agreements enabling broader service capabilities. Our mission remains focused on building communities that provide stable housing while fostering economic growth and social well-being.
Services
Affordable Workforce Housing
Elderly Housing Communities
Conventional Apartment Complexes
Real Estate Development
Construction Management
Details
- Year established: 1997
Highlights and features
- Over 100 years combined experience in residential construction and development
- Specialized expertise in affordable housing tax credit financing structures
- Proven track record of completing 54 projects totaling $370M+ in value
- Licensed operations across four southeastern US states with reciprocal agreements
- Tailored housing solutions for workforce, elderly, and market-rate demographics
Services
Affordable Workforce Housing
We develop income-restricted housing communities for working-age individuals under 55. Our rents are matched to tenants' income levels to prevent financial burden while maintaining quality construction standards. These communities feature modern amenities and are strategically located to support workforce needs in target areas.
Elderly Housing Communities
Our age-restricted communities serve residents 55 and older with income-based rental pricing. These developments include accessibility features and community spaces designed for senior living while maintaining financial sustainability through proven management practices.
Conventional Apartment Complexes
We construct luxury apartment complexes with market-rate pricing when opportunities arise outside our core affordable housing focus. These developments feature premium amenities like fitness centers, swimming pools, and modern finishes while maintaining our commitment to quality construction.
Real Estate Development
Our full-service development process includes site selection, financial structuring, and regulatory approvals. We specialize in navigating complex financing options including tax credits, HUD programs, and public-private partnerships to create viable housing solutions across multiple states.
Construction Management
We provide comprehensive construction oversight from initial budgeting to final inspections. Our team ensures timely delivery through detailed cost control, subcontractor coordination, and quality assurance measures while maintaining compliance with all financing requirements.
People
T. Kevin Connelly
CEO and President
With decades of leadership in affordable housing, Kevin oversees all development and construction operations. He specializes in securing complex financing through tax credits and government programs while maintaining strategic direction for the company's growth.
Bill Chamblin
Development Director
Bill leads financial structuring efforts for housing developments. He evaluates financing options, negotiates land purchases, and coordinates with government officials to ensure project feasibility while maintaining long-term financial sustainability for developments.
Laura Nicholson
Development Coordinator
Laura brings 35+ years of affordable housing program expertise. She manages federal and state funding applications, coordinates financial closings, and ensures compliance with regulatory requirements throughout the development lifecycle.
James Norman
Development Coordinator
James focuses on land acquisition and municipal relations. He negotiates real estate contracts, presents development plans to local governments, and coordinates funding applications for affordable housing projects across two states.
Tom Gaherty
Director of Construction
With 25+ years at Connelly Builders, Tom oversees all construction operations. He manages project timelines, budget adherence, and quality control across multiple states while maintaining relationships with subcontractors and regulatory agencies.
Questions
What types of housing does Connelly Builders develop?
We specialize in Affordable Workforce Housing for working-age individuals, Elderly Housing Communities for residents 55+, and occasional Conventional Apartment Complexes with market-rate pricing.
How are rental rates determined for affordable housing?
Rents are matched to tenants' income levels to prevent financial burden while maintaining property sustainability. This applies to both our workforce and elderly housing developments.
What financing options do you work with?
We handle conventional financing and public-private partnerships through HUD programs, USDA Rural Housing, tax credits (both 4% and 9%), HOME Funds, and bond financing.
How can I apply for elderly housing?
Applications for our 55+ communities are processed through our management company's website or by contacting the specific property directly for availability and requirements.
In which states do you operate?
We maintain active licenses in South Carolina and North Carolina, with reciprocal agreements allowing operations in Georgia and Tennessee for housing developments.
How do you ensure project completion timelines?
Our construction team employs detailed scheduling, subcontractor coordination, and regular progress monitoring to ensure all projects are completed within promised delivery dates.
