The Etzel Place V project is a $7.5 million program of 42 rehabbed apartments, a community center and development of 20 new energy-efficient units. The project is being developed by Affordable City Homes, a joint venture of CF Vatterott and SLACO.
Sugar Creek Capital is assisting the project through use of state low-income housing tax credits.
A phased development that began in 1989, the Etzel Place Apartments community includes 195 apartments in several buildings.
“This development should reinvigorate and preserve the viability of the community for many years and we are pleased to be a part of it,” says Chris Hite, President of Sugar Creek Capital.
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