St. Mary Development Corp.
$6,500,000 Permanent Multifamily
Purpose: New Construction of 54 units of affordable senior rental housing
The Washington Street Senior Residences in Kokomo, Indiana is a 54 unit LIHTC property developed by St. Mary Development Corp. and the Area Five Agency on Aging with financing from Community Housing Capital. This facility will provide for in-home meals and nutrition, medical equipment, transportation and healthcare referral along with regularly scheduled activity programs for low-income seniors.