Rocky River

Low-Income Housing Tax Credit Development, Under Construction

Rocky River Apartments is a 120-unit affordable housing community currently under construction in Woodfin, North Carolina. Located along Reynolds Mountain Boulevard in Buncombe County, the $44.4 million development will offer one-, two-, three-, and four-bedroom apartment homes for households earning between 30% and 80% of Area Median Income.

Developed by Fitch Irick Corporation, Rocky River Apartments will help expand access to affordable housing in Western North Carolina and provide much-needed housing opportunities for families across the greater Asheville region. The community reflects a collaborative effort among local government agencies, housing organizations, financial institutions, and development partners working together to address regional housing needs and support long-term community stability. Rocky River Apartments is expected to begin welcoming residents in February 2028.