July 7, 2015
NDC Corporate Equity Fund is proud to share the announcement for the Grand Opening Celebration at Sunny View Village, the event is hosted by the Housing Authority of Island County and will take place on August 5th at the project location.
Located in the city of Freeland on Whidbey Island, The Sunny View Village project consists of a cluster of family apartments totaling 26-units of affordable housing. Seven units will have Project Based Section 8 Rental Vouchers and will be set aside for homeless/very low income families, thirteen are set aside for those earning 50% AMI, five are reserved for 60% of AMI with a on-site manager’s unit.
NDC CEF partnered with Common Ground and the Housing Authority of Island County, using a combination of Low-Income Housing Tax Credits, Tax-Exempt Bond Financing, Island County HOME Funds, and Island County 2063 Funds to help finance and develop the $6.3 Million project.