NEW YORK: The seventeenth entry for the seniors housing Global Awards 2017 has been received.
Walton Communities announced that it has secured more than $14 million in financing through a deal with SunTrust Community Capital to build an 80-unit affordable housing community for seniors in Augusta, Ga.
Legacy at Walton Green is a partnership between Walton Communities and Augusta Housing Authority.
Financing for the project includes an $8.6 million low-income housing tax credit equity investment from SunTrust, $3.55 million equity investment from Walton Communities, and a $1.93 million loan from the housing authority.
