At ALFIE Loans, we fund plenty of solid spec homes. But our favorite deal this quarter looks different. We provided new construction financing in West Asheville for Terra Futura, a regenerative neighborhood taking shape west of downtown. Every element supports neighbors, nature, and long-term sustainability. That combination is exactly why this project stands out.
New Construction Financing Meets Gold-Level Green Building
The first phase of Terra Futura includes four Gold-Level Green Built duplexes inside the City of Asheville. Each home delivers healthy indoor air, strong energy efficiency, and steady year-round comfort. As a result, homeowners keep utility costs low without giving up comfort. Terra Futura sells every unit as a newly built condo.
ALFIE structured the new construction financing in West Asheville around staged draws. Funds moved as each phase progressed. So timing matters most in a phased neighborhood like this one.
Meet the Founders: Jack Henry and Kelsey Wood Henry
Jack Henry and Kelsey Wood Henry founded Terra Futura. Also, this husband-and-wife team has deep roots in Western North Carolina. Their goal goes beyond real estate. Instead, they want neighbors who actually know each other.
The site plan reflects that vision clearly. It includes community gardens, orchards, walking trails, and shared gathering spaces. A fire circle, a hot tub, and a sauna round out the amenities. Together, these features invite neighbors to spend time outdoors instead of behind closed doors.
A Neighborhood Built on Belonging and Stewardship
The project’s mission centers on belonging, resilience, reciprocity, and stewardship of the land. Those values show up everywhere, from the home designs to the shared outdoor spaces that bring residents together. However, many new developments still feel cut off from nature and neighbors. Terra Futura offers a refreshing alternative.
Why ALFIE Backs This West Asheville Project
We’re always looking for projects that pair strong fundamentals with thoughtful leadership, and Terra Futura checks both boxes. Experienced local builders lead this well-planned project. Their vision extends past the closing table. That’s exactly why we’re proud to offer new construction financing in West Asheville for a project like this one.
We’re proud to help finance a project that delivers quality housing. But we’re just as proud to back one that invests in the long-term health of our community. Sometimes the best deals aren’t the ones with the strongest returns. Instead, they’re the ones that leave a lasting, positive impact, and Terra Futura is one of those projects.
See how ALFIE can help with new construction financing on your next project by clicking here.
