Utah

Suncrest Apartments | Provo, UT

Loan Amount: $1,455,000

Developer: Community Housing Services, Inc

Suncrest Apartments is a 60-unit multifamily affordable housing development, with all units restricted to households earning up to 50% of the area median income (AMI), serving low-income residents in Utah County. The project consists of ten two-story buildings, all supported by project-based vouchers under a Housing Assistance Payment contract until 2032. Unique features include comprehensive supportive services for acquisition, rehab, asset management, and resident goal achievement, emphasizing community oversight and activities in an established affordable housing portfolio.

Units: 60