85
Transit-oriented units
Overview
Transit-oriented ground-up development in a qualified Opportunity Zone, utilizing innovative C-PACE financing to achieve deep affordability.
Capital Stack
- Opportunity Zone equity
- C-PACE
- Tax-exempt bonds
- Agency permanent debt
Timeline
30 months from site acquisition to stabilization
Key Outcomes
85 units of workforce housing
Transit-adjacent location
Long-term affordability covenants
OZ tax benefits for investors