Loan Amount: $700,000
Developer: Neighborhood Nonprofit Housing Corporation
The Ashfield Apartments is a LIHTC low-income multifamily project containing 48 units in 6 buildings with a clubhouse and storage facilities, all restricted to individuals earning 25% to 42% AMI with an average targeting of 40.64% AMI. The unit mix consists of 24 two-bedroom and 24 three-bedroom units, serving low-income families.