Located in Wilmington, North Carolina, The Life in Lakeside Villas, will feature 429-units affordable housing complex set within a bucolic townhome community.
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.
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.
ASREF’s $10.6 M investment expected to transform the former Friedrich Air Conditioning plant into 347-units of mixed-income housing, with 50% affordable as workforce and low-income housing.
ASREF invests $10.6 million to repurpose a 30-year vacant Texas air conditioning plant, in community with 36% poverty rate, into 347 units of multifamily housing.
Newly renovated with ASREF financing, the historic St. James Hotel in Selma, Alabama will open its doors to visitors of the Edmond Pettus Bridge and the U.S. Civil Rights trail.