Summerfield Park
2302, 2306 Sumner Avenue
Spirit Lake, IA |
 |
 |
Year Completed:
2002
Type:
Multi-family, new construction.
Population Base:
rural community.
Number of Units:
20 (8 one bedroom units in one structure, 12 two bedroom units in
the second structure).
Amenities:
garages, parking, on-site laundry, appliances, and central air.
Special Features:
All units benefit families at or below 60% of the AMI for Dickinson
County. Referral services are designed to strengthen children
and families.
Development and Financing Resources:
state and federal loans, Federal Home Loan Bank, Low Income Housing
Tax Credits, conventional loans.
CHI, Inc.:
Developer, general partner, property management
Cost:
$1,395,000 |