Loan Amount: $650,000
Developer: BlueLine Development Inc.
The Platte River Apartments is a proposed 48-unit multifamily development providing 48 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, two, and three-bedroom units in garden-style buildings. It targets low-income families, offering supportive services to promote stability in a rural setting.