Valley Meadows Apartments consists of 40 units in 10 four-plex buildings, all restricted with a weighted average AMI of 49.7%, aimed at preserving affordable housing outside the initial 15-year LIHTC compliance period. The project serves low-income residents in a rural neighborhood, with immediate repairs planned for lighting, countertops, stucco, weatherization, appliances, and adding storage sheds to enhance livability. As a nonprofit-led initiative, it stands out for its focus on moderate-income census tract residents and long-term community stability.