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Alta & 15th Apartments Underway with $7.8 Million in LIHTC Equity

3/17/2021

Hunt Capital Partners announced the closing of $7.8 million in federal low-income housing tax credit (LIHTC) equity financing for the new construction of Alta & 15th Apartments in Longmont, Colorado. The development will offer 88 units for low-income families who earn up to 50% and 60% of the area median income (AMI).

Prospect’s development team includes Brinkman Construction as general contractor and Godden Sudik Architects as project architect.

Alta & 15th will feature three, three-story buildings and a pair of two-story buildings situated on 4.05 acres. There will be nine one-, 29 two-, 34 three-, and 16 four-bedroom units outfitted with modern amenities. Residents also will benefit from a business center, a community room, an exercise facility, a playground, a picnic area, central laundry, on-site management, and parking spaces.

 

Other News

Below article pulled from Mile High CRE Elder Construction, Neenan Archistruction and Brinkman Construction have joined forces with Fort Collins Habitat for Humanity on a project

Brinkman Construction has promoted Kate Baker to Chief Marketing & Business Development Officer. Baker previously served as the company’s Director

Brinkman Construction has completed a new taproom to support Odell Brewing Co.’s latest venture into winemaking.  The OBC Wine Project