Summit Wood Apartments –
Watertown, NY
Number of Units
200
Type of Housing
Family Rental, New Construction
Development Cost
$30 million
Financing
9% Low Income Housing Tax Credits
NYS Low Income Housing Tax Credits
Development Authority of the North Country
NYS Infrastructure Development
Demonstration Program Funds
Enterprise Mortgage Investments, Inc.
Investor
First Sterling Financial, Inc.
Fannie Mae
Multi-family Permanent Loan
Norstar Role
Developer/Owner
Partner
Development Authority of the North Country
Completion Year
2009
Norstar Building Corporation Role
General Contractor
