Wyoming

Douglas Westgate Apartments | Douglas, WY

Loan Amount: $650,000

Developer: B and G, LLC

The Douglas Westgate Apartments is an existing 36-unit multifamily Section 8 property providing 36 affordable housing units (100% of total) restricted to tenants with household incomes not exceeding 45% of the area median income, featuring a mix of one and two-bedroom units in three buildings. It targets low-income households, offering stability through rental assistance with a HAP contract extending through 2030. The property is unique for its rehabilitation under LIHTC, focusing on preserving affordable housing in a middle-income census tract.

Units: 36