SouthRiver Development Corporation
The South River Development Corporation (SRDC) is a nonprofit, nonstock affiliate of the Waynesboro Redevelopment and Housing Authority. As such, the Corporation is not constrained by the regulations of
the U.S. Department of Housing and Urban Development and other federal and state funding sources.
The South River Development Corporation is a regional provider of affordable housing and a means to create economic development.
It is the mission of the South River Development Corporation to:
1. provide and preserve quality affordable housing for citizens of the City of Waynesboro and other areas that
may seek our assistance;
2. provide property management services to non-profit entities;
3. enhance or revitalize neighborhoods and/or communities through appropriate economic development activities; and
4. maintain the fiscal integrity of the entity.