Loan Amount: $6,397,864
Developer: SLoW Management LLC
Senior Living on Washington Apartments is a 105-unit multifamily affordable housing development, with all units restricted to households earning between 50%-60% of the area median income (AMI), targeting seniors 62+ in a moderate-income suburban neighborhood. The project is constructed to Enterprise Green Communities standards for efficiency. Amenities include one and two-bedroom units with shared parking and community spaces, supporting elderly residents\\\' needs for affordable, sustainable living.
9% LIHTC Loan Amount: $4,497,864; 4% LIHTC Loan Amount: $2,436,000