Alabama Project Obtains Equity For Using Modular Housing Units

摘要

Equity from an investment fund for projects using modular construction played a key role in financing a Montgomery, Ala., low-income housing tax credit project. Heritage View Apartments will consist of 11 buildings with five two- and three-bedroom units each when construction, which begins at the end of January, is completed in September. Summit Housing Partners (SHP), which operates 83 affordable and workplace apartment complexes in nine states, is the developer.