PROJECT TYPE:

For-Sale Housing

DEVELOPER:

E70LLC (Poter Construction & Development Company)

GENERAL CONTRACTOR:

Poter Construction & Development Company

ARCHITECT:

K-1 Architects

INVESTOR FUND:

Community Reinvestment Fund 1997 L.P.

PROJECT OWNER:

Country Club Condominiums Limited Partnership

NEIGHBORHOOD:

South Shore
Located in Moderate-Income census tract (at time of initial investment)

NUMBER OF BUILDINGS:

1

PROPERTY ADDRESS:

2301-47 East 70th Place

TOTAL NUMBER OF UNITS:

76

UNIT TYPES :

18-2 Bedroom/1 Bath Flats
36-Bedroom/2 Bath Flats
12-3 Bedroom/2 Bath Flats
10-3 Bedroom/2.5 Bath Duplexes

AFFORDABILITY:

68 units (90% of total) initially projected to be affordable to moderate-income homebuyers

TOTAL COST:

$8,869,668

CRF CAPITAL
(net to project):

$1,244,809