Flats on Wolf Creek
Overview
Size |
$21.8 Million Construction Loan, LIHTC Equity, and Permanent Loan |
---|
Summary
Key Community Development Lending & Investment provided $21.8 million in financing for the new construction of Flats on Wolf Creek, a 65-unit affordable housing building in Trotwood, Ohio. All 65 units will serve families and individuals earning no more than 30 - 80% of area median income. Supportive services will be offered to residents and will include healthcare coordinators, financial literacy education, and social services. The financing includes a construction loan, LIHTC equity, and a permanent loan. We want to thank the St. Mary Development Corporation for their commitment to building much needed affordable housing in Ohio.
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.