Deer Ridge

City, State:  Fort Payne, Alabama
Number Units:  40
Bedroom Types: 2 Bedroom Apartments
Completion:  Summer 2006
Total Dev. Cost $4.30 MM
Target Population:  Elderly (age 55+)
Income Targeting:  50% AMI, 60% AMI
Financing: LIHTC, HOME, FHLB AHP, Convt’l Construction & Perm