Coastal Haven Apartments

About the project


Corpus Christi Central Homes Inc. is a single purpose, non-profit entity created for the sole purpose of operating Coastal Haven Apartments.

Corpus Christi Central Homes Inc. is registered in Corpus Christi, TX.

LISC provided $2.55 million in debt refinancing to support Coastal Haven Apartments, an existing 104-unit HUD 202 project-based senior apartment complex located in the southeast part of Corpus Christi. Coastal Haven Apartments serves very low-income seniors and individuals with disabilities earning up to 50% AMI. The financing will pay off an existing loan balance, and finance both a landscaping project and a parking lot re-pavement project. LISC's partnership on this project helps improve and preserve high- demand affordable senior housing, and enables the borrower to better serve special needs populations their area.

Image source: apartments.com
Image source: apartments.com

More LISC Lending's Project Profiles

Partner:

Corpus Christi Central Homes Inc.

Location:

Corpus Christi, TX

Total Investment:

$2.55 million

Results:

104 units

Project Category:

Affordable Housing

Product:

Refinancing Debt

UN SDGs: