Utah

Station at Midvale | Midvale, UT

Loan Amount: $8,836,000

Developer: Horizon Development and Management, LLC

Station at Midvale is a 186-unit (102 units for Phase I and 84 units for Phase II) multifamily mid-rise apartment complex featuring 142 restricted units targeting households at 25%-50% of Area Median Income (AMI). The project serves low-income families, with a focus on accessibility and community integration in a high-density urban setting. As part of a larger development, it contributes to the revitalization of the area by offering quality, affordable living spaces without specified unique amenities in the initial documentation. Phase I Loan Amount: $5,400,000; Phase II Loan Amount: $3,436,000.

Units: 186