AFFORDABLE SENIOR HOUSING

摘要

Sources of funding: Taxable, fixed-rate mortgage insured by FHA under the Sec. 223(f) Pilot Program, Tax-Exempt Short-Term Cash Collateral-ized Bonds, 4% LIHTCs, Bridge Loan, Deferred Developer Fee and a Seller Note. Garden Park Villa is a 50-unit Sec. 202 affordable seniors housing complex located in Cannon City, Colo. The property is owned by National Church Residences, one of the nation's largest nonprofit owners and managers of affordable seniors housing.