Loan Amount: $360,000
Developer: Utah Non-Profit Housing Corporation
Riverview Apartments is an 18-unit senior housing development featuring one-bedroom units in two buildings, exclusively serving residents aged 62 and older. All units are restricted to households earning no more than 50% of the area median income. Distinctive elements include surface parking, free parking availability, access to public transit within 1 mile, and its emphasis on maintaining safe, affordable senior living in a rural community via rehabilitation.