Strawberry Fields: A Juicy New Addition
The town numbers less than 300 residents, but the new 14-unit apartment complex is renting up fast. Strawberry Fields boasts affordable rent and a convenient location with all the advantages of city living combined with the peaceful quiet of a small, rural community. The units are specially designed with the elderly in mind, as they are efficient and easy to maintain.
HUD's Little Rock Multifamily Program Center endorsed a construction note for $798,800, and awarded a Project Rental Assistance Contract in the amount of $33,900 annually.
Nearly 100 people attended the grand opening, including the project's development team, management agent, local residents, Lawrence County officials, area mayors, and HUD staff.
Congratulations to the project sponsor, the White River Regional Housing Authority, and all of the other community partners who helped make this dream a reality.
|Content Archived: July 14, 2011|