Loan Amount: $1,760,000
Developer: Commonwealth Companies (CC)
The Dell Range Senior Apartments is a proposed 40-unit multifamily development providing 40 affordable housing units (100% of total) restricted to tenants with household incomes not exceeding 50% of the area median income, featuring one and two-bedroom units in a three-story building for seniors 55+. It targets senior households, offering affordable rentals with reduced maintenance typical for senior projects.
Units: 40