Loan Amount: $1,744,000
Developer: Western Region Nonprofit Housing Corporation
Valencia Apartments is a 122-unit affordable multifamily project serving very low-income residents with rents averaging 42.8% AMI, focusing on preserving housing for vulnerable populations through rehabilitation. Amenities include laundry rooms in each of the three buildings and a landscaped central courtyard, offering communal spaces for residents. Under recent ownership by Enterprise Community Investment, the project emphasizes maintaining affordability and addressing maintenance needs in Ogden\\\'s built-up neighborhood, close to urban amenities.