NEW YORK: The four hundred and eleventh entry for the seniors housing Global Awards 2016 has been received.
Summer Town Estates is the first low-income housing tax credit (LIHTC) development for seniors on the island of Guam.
The property significantly adds to the region’s housing stock by providing 240 affordable apartments for seniors earning no more than 60% of the area median income. Summer Town Estates also helps meet the demand for housing for people with special needs, with 20% of the homes set aside for residents with vision, hearing, and mobility impairments.