Loan Amount: $7,900,000
Developer: Murray Depot Management
Murray Depot Apartments is a 93-unit multifamily affordable housing development, with restricted units at various levels up to 50% of the area median income (AMI), featuring a mix of studio to three-bedroom units in a new construction project. The development stands out for incorporating energy rebates and addressing cost increases through adjusted financing for low-income housing. Amenities focus on serving low-income families and individuals in a high-demand area, with supportive design for community needs.