Loan Amount: $3,600,000
Developer: Mission Housing, LLC
The Trellis at Mission Apartments is a proposed 43-unit multifamily development providing 43 affordable housing units (100% of total) restricted to tenants with household incomes between 40% and 60% of the area median income, featuring a mix of two, three, and four-bedroom units in nine buildings. It targets low and moderate-income households, offering supportive services like housing counseling, financial coaching, and homebuyer education through Trellis. The property is unique for its new construction in a suburban neighborhood, emphasizing community preservation and access to special mortgage programs.
Units: 43