Loan Amount: $1,350,000
Developer: Northwest Real Estate Capital Corp.
The Windwood Apartments is a 30-unit HUD Section 8 subsidized project, with all units fully assisted through a Housing Assistance Payment (HAP) contract and planned for additional LIHTC restrictions, providing affordable one-bedroom units for low-income households. The property aims to serve very low-income residents by maintaining full subsidy and extending affordability. Amenities include a laundry room, playground, patio slabs, and small storage areas for each unit.