Cypress Garden
Located at 11th & Hickory & Cypress - 60 units of LIHTC (9%) (Low Income Housing Tax Credit)
- Closed Oct 22 - construction started Nov 22 ** occupancy Nov 2023
- Four - 2 story garden style residential buildings
- 1 bed = 8 / 2 bed = 44 / 3 bed = 8
- 40% AMI = 6 units + 60% AMI = 54 units
- 1 bed rent - $455.00 - $683.00
- 2 bed rent - $547.00 - $820.00
- 3 bed rent - $631.00 - $947.00
Developers - Smith/Henzy, Regions Bank & Arcadia Housing Development Corp