Loan Amount: $400,000
Developer: Dawson Holdings, Inc.
Kachina Apartments is an existing senior project with 96 one-bedroom units, 95 restricted under Section 42 LIHTC at 40% to 60% AMI, targeting seniors, with 48 units subsidized under the HUD HAP contract. The project focuses on preservation of restricted affordable housing. Amenities include a clubhouse, picnic areas, and ADA-compliant units.