Type of Housing
Market Rate and Affordable Family Rental, New Construction
Development Cost
$15.1 million
Financing
Federal tax credit equity
Investor
Regions Bank
Montgomery Housing Authority
Alabama Multifamily Loan Convention
Regions Bank
Norstar Role
Developer/Owner and Managing Member
Partner
Montgomery Housing Authority
Norstar Building Corporation Role
General Contractor in conjunction with a local contractor
Norstar Accolade Property Management Role
Property Manager