Ten percent of the apartment units will be rent restricted for families with incomes at or below 60 percent of the areaÕs median income ($37,920). The property will be available for occupancy later this month.

Enterprise, a subsidiary of The Enterprise Foundation, is the permanent lender for the development and will service the loan for Fannie Mae. The company has financed 900 units in nine properties

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.