Construction Begins on Affordable Housing in Colorado’s Vail Valley

Financing for a new affordable housing complex – called Spring Creek Apartments – has been closed on in the Vail Valley. Affordable Housing Finance reports:

 

Developers have secured key financing to develop 150 units of affordable housing in Gypsum, Colo.

Bellwether Enterprise Real Estate Capital, the commercial and multifamily mortgage banking subsidiary of Enterprise Community Investment, recently announced the financial closing of a $20.6 million Fannie Mae loan to create the first phase of Spring Creek Apartments.”

Read more from Affordable Housing Finance here.