Property Basics 77 Apartment Homes 59 one-bedrooms and 18 two-bedrooms 12 fully accessible units; 100% adaptable units Kitchen, bed, bath, living room, closets, EnergyStar appliances, and washer/dryer Income Targeting to low and very-low income seniors 40% - 60% AMI Financing Plan City of Colorado Springs $500,000 State of Colorado $300,000 National Equity Fund/LIHTC $11,900,000 Solar Investment Tax Credit $29,000 Deferred Developer Fee $173,000 CFHA Mortgage $ 1,450,000 Total Development Costs: $14,352,000 Special Features Onsite Property Management and Services Coordination Age Accessible Design Multipurpose Community Rooms Computer Center Outdoor Exercise Stations Rooftop Solar Panels
Property Basics 77 Apartment Homes 59 one-bedrooms and 18 two-bedrooms 12 fully accessible units; 100% adaptable units Kitchen, bed, bath, living room, closets, EnergyStar appliances, and washer/dryer Income Targeting to low and very-low income seniors 40% - 60% AMI Financing Plan City of Colorado Springs $500,000 State of Colorado $300,000 National Equity Fund/LIHTC $11,900,000 Solar Investment Tax Credit $29,000 Deferred Developer Fee $173,000 CFHA Mortgage $ 1,450,000 Total Development Costs: $14,352,000 Special Features Onsite Property Management and Services Coordination Age Accessible Design Multipurpose Community Rooms Computer Center Outdoor Exercise Stations Rooftop Solar Panels
HMV-Marketing-Draft-v2.docx