Pine Lawn Senior Apartments Closes

Pine Lawn Senior Apartments was approved by the SLEFI Investment Committee on June 24, 2014 and closed on October 10, 2014. Pine Lawn Senior Apartments will consist of 53 units in a newly constructed multifamily buiding in the City of Pine Lawn. The unit mix will consist of 45 one-bedroom units and 8 two-bedroom units, all of which will be tax credit units available for occupancy by senior residents aged 55 or older with income at or below 60% of the area median income. This development is part of an overall effort aimed at stabilizing the housing stock in Pine Lawn, one of the municipalities in the Vision 24:1 Community Building Initiative. This is the 18th partnership between SLEFI and Beyond Housing.