Loan Amount: $5,330,000
Developer: UMOM New Day Centers, Inc
The 9 South Apartments is a proposed 60-unit multifamily development providing 60 affordable housing units (100% of total) restricted to tenants with household incomes not exceeding 60% of the area median income, featuring a mix of two and three-bedroom units in two three-story garden-style buildings. It targets low-income families, offering supportive services to promote housing stability and self-sufficiency. The property is unique for its collaboration with UMOM New Day Centers, focusing on homeless and low-income support through integrated programs.