Coastal Haven Apartments
About the project
Corpus Christi Central Homes Inc. is a single purpose, non-profit entity created for the sole purpose of operating Coastal Haven Apartments.
Corpus Christi Central Homes Inc. is registered in Corpus Christi, TX.
LISC provided $2.55 million in debt refinancing to support Coastal Haven Apartments, an existing 104-unit HUD 202 project-based senior apartment complex located in the southeast part of Corpus Christi. Coastal Haven Apartments serves very low-income seniors and individuals with disabilities earning up to 50% AMI. The financing will pay off an existing loan balance, and finance both a landscaping project and a parking lot re-pavement project. LISC's partnership on this project helps improve and preserve high- demand affordable senior housing, and enables the borrower to better serve special needs populations their area.
Partner:
Corpus Christi Central Homes Inc.
Location:
Corpus Christi, TX
Total Investment:
$2.55 million
Results:
104 units
Project Category:
Affordable Housing
Product:
Refinancing Debt
UN SDGs:
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