Loan Amount: $4,504,000
Developer: UMOM New Day Centers, Inc.
Newsom Village Apartments supplies 90 affordable units in two three-story buildings, all restricted for families at or below 60% area median income, aiding family stability in a low-income suburban neighborhood. Amenities such as a community building with computer lab, community garden, playground, BBQ area, business center, fitness room, and clubhouse encourage educational pursuits, outdoor recreation, and wellness, fostering community cohesion and contributing to area revitalization.