Loan Amount: $6,000,000
Developer: Nevada Rural Housing Authority
The Hafen Village Apartments is a proposed 96-unit multifamily development providing 96 affordable housing units (100% of total) restricted to tenants with household incomes not exceeding 50% of the area median income, featuring a mix of one, two, and three-bedroom units in six three-story buildings. It targets low-income families, with 25 units supported through project-based Section 8 vouchers for additional assistance. The property is unique for its focus on rural affordable housing with supportive services for eligible occupants.