The Cotton Groves is a community of townhomes built as an affordable housing solution for low- to moderate-income families who qualify for the Habitat for Humanity program, according to a news release from Habitat for Humanity of Collin County.
The $10 million project broke ground in October 2020 on 2.75 acres of land at the northeast corner of Kings Row and Bumpas Street. Because the homes are built from shipping containers, the cost for materials is less than what a traditional home would be. The townhome units cost $190,000 each to build, but families only pay 30% of their monthly income with no interest over a 20-30 year term to purchase the home, Cox said.
The organization recently closed on four additional acres of land to the south of the development to expand the Cotton Groves’ footprint, Cox said. The additional land will have the capacity to accommodate at least 26 additional lots and will include single-family, duplex, and townhouse units, Cox said.
In addition, the neighborhood’s 2,600-square-foot amenity center is complete, barring some interior finishes, Cox said. The amenity center will offer social, health and fitness opportunities. The community playground has a concrete pad poured and awnings installed, and is awaiting installation of the playground equipment, which is scheduled for Jan. 7, Cox said. The development also has five homes under construction, two of which are close to completion and should be move-in ready in early 2023.
“The amenity center looks beautiful; it’s completely done. ... [And] the first two townhomes look fairly done; the deck is on and everything, and then the next ones, you can see, they’re coming together,” Cox said.
The Boys & Girls Clubs on-site club will operate out of the community’s amenity center beginning Jan. 1, Cox said. The Boys & Girls Clubs of Collin County has already begun to host events at the amenity center, including a trunk or treat event on Oct. 31 and a pizza and pumpkins event on Nov. 5.
Nine families have been approved for homes in the first phase of the Cotton Groves, and applications are still being accepted for the remaining 26 units in the first phase.
To learn more about the project, visit www.thecottongroves.com.