Aurora Apartments
Overview
Size |
$73.5 Million Construction Loan, LIHTC Equity, Permanent Loan, and Bond Underwriting |
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Summary
Key Community Development Lending & Investment provided $73.5 million in financing for the new construction of Aurora Apartments, a 156-unit affordable housing project in Billings, Montana. All 156-units will serve families and individuals earning no more than 60% of area median income. The financing includes a construction loan, LIHTC equity, permanent loan, and bond underwriting. We want to thank Wasatch Affordable Ventures for their commitment to building much needed affordable housing in Montana.
Banking products and services are offered by KeyBank National Association. All credit products are subject to collateral and/or credit approval, terms, conditions, and availability and subject to change.