Fairview Terrace

Walker & Dunlop Affordable Housing recently arranged $13.2 million in investments for Fairview Terrace, a 76-unit affordable senior housing community under development in Stockton, California.

Led by Aaron Krasnow, the transaction includes $12.2 million in LIHTC equity and $1.0 million in REITC-Solar equity for the project, which is being co-developed by Mutual Housing California and Stocktonians Taking Action to Neutralize Drugs (STAND).

Designed for residents ages 55+, Fairview Terrace will provide affordable housing for households earning between 30% and 60% of area median income while incorporating a factory-built modular construction system and advanced sustainability features.

Connect with Walker & Dunlop Affordable Housing.

^{Loans made or arranged pursuant to a California Financing Law license.}