MultifamilyBiz.com, the largest media platform for the multifamily housing industry, writes about ASFM’S investment in the 240-unit Piedmont development: The Preserve at Flagler Beach, Florida.
Partners ZNE Capital and LeavenWealth to use the total $27.8M project investment to make significant structural and electrical repairs as well as install solar paneling throughout the complex. Units will be rented at rates affordable at 80% AMI bringing critically-needed workforce housing to the region.
The announcement of our recent affordable housing investment in Springdale, AR, was picked up by 202 media outlets across the US including the Associated Press, which has a distribution to 946 print, TV and radio news outlets including C-SPAN, Apple Inc., CNBC.com and FoxNews.com.
The Northwest Arkansas Democrat-Gazette covered The Life at Elmwood Grove 192-Unit development. This is the 4th collaboration between ASREF and Olive Tree Holdings to build quality affordable multifamily units in the South.
The Life at Elmwood Grove” development will renovate 192 affordable multifamily housing units in Springdale, AR. This 4th partnership between ASREF and Olive Tree raises the total of affordable housing units developed to 1,052.
Awareness of this fund is a significant accomplishment towards our efforts to make a difference in renovating and preserving much-needed affordable residential units for Houston residents.