Lawson, a leading real estate firm specializing in the development, construction, and management of affordable housing, is proud to announce it has been awarded 9% Low-Income Housing Tax Credits (LIHTC) for a new affordable housing community, Williamson Reserve Apartments, in Roanoke, Virginia.
Williamson Reserve will bring 80 new high-quality, energy-efficient apartment homes to Roanoke, providing affordable housing options for individuals and families earning up to 60% of the area median income. The community represents Lawson’s second affordable multifamily development in Roanoke, following Smith Ridge Commons, a 216-unit affordable community nearing completion and set to begin accepting applications in early November.
“We’re eager to expand Lawson’s footprint in Roanoke with Williamson Reserve,” said Aaron Phipps, President and CEO of Lawson. “Earning 9% tax credits is a highly competitive process, and our team’s consistent success is a testament to Lawson’s expertise, integrity, and commitment to delivering affordable housing that strengthens communities across Virginia.”…