Swan Run

In February 2024, Ascent and Housing Impact Fund II acquired a 92-unit apartment near Providence Rd and Highway 51. Swan Run apartments are positioned where the average household income is 150,00/year within a 1-mile radius, and surrounding single-family homes are mostly valued in the $650K-1M range. The partnership placed a long-term deed restriction so units remain affordable to 30-80% AMI households and will invest in significant upgrades to major building systems.

  • Units: 92

  • Acquisition Date: 2024

Average Median Income Targeted Unit Allocation

 
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