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 Name Noble Towers Apartments
- Project Location Pittsburgh, PA
- Loan Amount 6,200,000
- Originator Mike McCullough