Loan Amount: $9,410,000
Developer: TWG Development, LLC
The Sunland Flats Apartments is a proposed 90-unit multifamily development providing 90 affordable housing units (100% of total) restricted to tenants with household incomes not exceeding 50% of the area median income, featuring a mix of two and three-bedroom units in four two-story buildings and one single-story building with attached leasing office/clubhouse. It targets low-income families, offering rental affordability in a high-demand urban area. The property is unique for its new construction focus on family-oriented living with supportive community features.
Units: 90