Select one of the Featured Properties below for more details.
Madison Station II
Madison Station II is located in the southeastern portion of Columbia, SC adjacent to the Madison Station I. Madison Station II is a 48-unit property for family tenancy consisting of 24 two- and 24 three-bedroom units. The property was completed in August of 2011 and is 98% occupied. Fifty percent of the tenants are at 50% area median income and the remaining 50% of the tenants are at 60% area median income.
Calexico Andrade Apartments is located in Calexico, CA, a city with an estimated population of 38,837, located on the U.S.-Mexico border approximately 125 miles east of San Diego. The property consists of five, two-story residential buildings and one community building. There are 52 units, including 13 one-bedroom units, 15 two-bedroom units, and 24 three-bedroom units. The property has a 100% set-aside for farm workers. As such, all tenants pay no more than 30% of their income towards rent. Additionally, social services are provided at no cost to the tenants including: after-school programs, educational and computer classes, as well as English as a second language (ESL) classes.
The Depot at Elk River Station is located in Elk River, MN a town of 24,000 people approximately thirty miles northwest of downtown Minneapolis. The property consists of a single, four-story elevator building and targets family renters. There are a total of 53 units, including 11 one-bedroom, 26 two-bedroom, and 16 three-bedroom units. All units have an income restriction of 60% area median income, but rents include tiers restricted to 15%, 30% and 50% AMI. There are four 15% AMI units set aside for homeless households.
Renewal Homes is a 15-unit, scattered site, substantial rehabilitation of 10 single-family and duplex homes for family tenancy in New Orleans, LA. It is within 3 miles of the Central Business District and the French Quarter. All units will be constructed with energy saving components including solar photo voltaic systems that will reduce energy costs significantly at each unit.
The Peaks at Country Club
The Peaks at Country Club is located in North Little Rock, Arkansas, a desirable neighborhood in a fast growing area with high median income. It consists of two, three-story buildings plus a clubhouse and targets families. There will be 48 units, including six one-bedroom, 17 two-bedroom units, 24 three-bedroom units and one staff unit. The site is adjacent to an appealing area of residential development; overall access to shopping and services is good.