Loan Amount: $2,825,000
Developer: Phoenix Holding Group
Red Mountain Place Apartments provides 50 affordable units in a three-level building, all restricted for low-income households at or below 60% area median income, offering accessible housing in a community setting. Amenities such as central mail, dog run, outdoor BBQ, and tot lot encourage pet ownership, family activities, and social connections, enhancing tenant satisfaction and integrating with the local environment.