The Riverwood Cove Apartments is an existing multifamily property undergoing recapitalization and renovation to preserve affordable housing, maintaining at least 75 occupiable units during the process to minimize disruption. This LIHTC project serves low-income families, with units restricted to households earning below area median income, addressing a critical need for stable housing in the community. The development focuses on family housing, offering a supportive environment in a convenient urban location near amenities and public transportation.