The federal low-income housing tax credit (LIHTC) equity financing and Prospect Properties has officially completed construction on the Fields on 15th Apartments in Longmont, Colorado. The new multi-family community offers five, two- and three- story walk-up buildings for low-income families earning up to 50% to 60% of the area median income.
The 110,000 square-foot development on 4.05 acres includes a mix of one-, two-, three-, and four- bedroom options totaling 88 units with modern touches. Residents can also enjoy quality amenities such as a business center, a community room, an exercise facility, a playground, a picnic area, central laundry, on-site management, and parking spaces.
Pictures to come.