Developers have secured key financing to build a 54-unit affordable housing community serving veterans and families in Palm Springs, Florida.
Village of Valor will offer 26 two-bedroom and 28 three-bedroom apartment homes. Half of the units will be set aside for residents earning no more than 50% of the area median income, and six homes will be set aside for individuals with special needs.
Merchants Capital announced that it is providing more than $33 million in financing for the project by Turnstone Development and Faith Hope Love Charity…