Loan Amount: $2,355,000
Developer: Adams Construction & Management Co.
Apache Junction Townhomes is an 88-unit LIHTC development in Apache Junction, Arizona, consisting of 43 duplexes and 2 single-unit structures, with 80 three-bedroom and 8 four-bedroom units restricted at 40–50% AMI. The project targets families and offers large units, each with a two-car garage, modern amenities, and a clubhouse with a swimming pool. The site is gated, landscaped for the desert climate, and located near schools and retail. Its unique features include a focus on family-sized units and a design that blends with the local environment.