Loan Amount: $6,377,621
Developer: Housing Connect and Chelsea Investment Corporation
The Sunset Gardens Apartments is a 89-unit multifamily development providing 89 affordable housing units (100% of total) restricted to tenants with household incomes not exceeding 50% of the area median income, featuring one, two, and three-bedroom units in a three-story building replacing existing duplexes. It targets low-income families, with set-asides for homeless, ADA, disabled, and domestic violence survivors, offering supportive services.