Details
Type: Family Acq/Rehab
Location: Millsboro, DE
Year Developed: 2017/2018
Status: Complete
Units: 38
TDC: $9.3 million
LIHTC Equity: $8.5 million
Sources of Funds:
9% LIHTC, DSHA HDF
Description
Village at Iron Branch, located in Millsboro, Delaware, is the acquisition and rehabilitation of an early 1970’s garden apartment community. Completed in 2019, Iron Branch offers residents affordable and comfortable living just off of Route 113. Route 113 gives residents the opportunity to take advantage of a variety of shopping and dining venues, all within a few miles.
