|Wespath Benefits and Investments and its subsidiaries, including Wespath Institutional Investments, participate in the Positive Social Purpose Lending Program. The information below provides details about a property recently financed through this program.|
Through the Positive Social Purpose Lending Program and in partnership with the Community Development Trust, participation was purchased in a loan providing financing for an 80-unit age-restricted affordable housing property for residents aged 62 and over. Seventy-five units are reserved for residents earning up to 60% of the area median income. Project amenities include two elevators, a management office, a fitness center, a business center, a movie theater, a dining hall, green space, community gardens and walking paths. Units feature a full appliance package including dishwashers, garbage disposals, ceiling fans, washer/dryer connections, and central HVAC. The project is EarthCraft Multifamily certified and includes a variety of green design and building features.
Source: Community Development Trust
|Property Name:||The View|
|Location:||901 4th Street, Stone Mountain, GA 30083|
|Purchase Date:||February 21, 2017|
For more information about The Community Development Trust: http://www.cdt.biz/