Utah

Westwood Apartments | Murray, UT

Loan Amount: $7,200,000

Developer: Restore Utah

Westwood Apartments is a 64-unit multifamily property undergoing major renovation, with all units affordable to households below 80% of Area Median Income (AMI) and a weighted average AMI of 67%, targeting low-income residents. The project serves families in need of safe housing, with renovations including exteriors, parking structures, and unit interiors to improve quality and safety. This acquisition preserves naturally occurring affordable housing (NOAH), preventing displacement through tenant support and counseling.

Units: 64