Loan Amount: $1,310,000
Developer: Ball Park Apartments Development, Inc. & CAB Group of Utah III, L.C.
Ball Park Apartments is a 62-unit multifamily rental project exclusively for seniors aged 55 and older, with 61 units restricted under the Section 42 LIHTC program at 25% to 50% AMI to serve low-income elderly populations. Standout amenities include a rooftop garden, outdoor gathering area, exercise room, community room with TV and computers, bike parking and storage, and free wireless internet, enhancing recreational and social opportunities. The project\\\\\\\'s urban mid-rise design and focus on high-quality construction make it uniquely appealing for seniors seeking affordable, modern housing with convenient access to public transportation and nearby services.