Silver Lake Apartments
212 East 4th Street
Lake Park, IA |
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Year Completed:
1996
Type:
elderly, garden style, new construction.
Population Base:
rural community, residential neighborhood.
Number of Units:
10 (6 two bedroom, 4 one bedroom).
Amenities:
garages, parking, appliances including washer/dryer in unit, furnished
community room.
Special Features:
Occupancy limited to tenants 55 years of age and older. All
units benefit tenants at or below 60% of area median income.
Development and Financing Resources:
city funds, state and federal loans, Low Income Housing Tax
Credits, conventional loans, local non-profit support.
CHI, Inc.:
Developer, general partner, property management
Cost:
$668,757 |