Kittrell Place Apartments

Kittrell Place provided safe and affordable housing for 64 families earning between 50% and 60% of local Area Median Income and was financed utilizing LIHTC sold to CAHEC that generated over $4.5 million in equity. Additionally, a permanent mortgage was provided by CENTRANT in excess of $1 million, Rental Production Program Funds of $800,000 and a State Tax Credit Loan for over $1.3 million dollars both provided by NCHFA.