Utah

Cairn Point Apartments | Cedar City, UT

Loan Amount: $1,600,000

Developer: Vecino Bond Group, LLC

Cairn Point Apartments is a 60-unit multifamily affordable housing development, with 48 units restricted to households earning up to 50% of the area median income (AMI), targeting seniors 55+ in a suburban neighborhood. The project stands out for its Enterprise Green Communities certification, promoting energy efficiency and reduced costs, adjacent to another senior affordable project. Amenities include one and two-bedroom units in a single building, supporting low-income seniors with sustainable design and community integration.

Units: 60