PROJECT OVERVIEW
Noble Towers Apartments is a 132 unit project in Pittsburgh, PA. This 223(a)(7) refinance amounted to $6,200,000. This project was originated by Mike McCullough, Vice President.
A 133-unit age/disability restricted property, Noble Towers Apartments was constructed in 1979 with all tenants covered by a Section 8 HAP contract. The 223(a)7 refinancing provided the funding of minor ADA/UFAS accessibility repairs and substantial debt service savings and loan term extension. The property is well managed and will continue to serve as affordable housing for the foreseeable future.
PROJECT DETAILS
- Project Name Noble Towers Apartments
- Project Location Pittsburgh, PA
- Loan Amount 6,200,000
- Originator Mike McCullough
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