Almeda Park Apartments

Almeda Park Apartments

Almeda Park Apartments is an existing 196-unit affordable multifamily community located in Houston, Texas.  The project is located on a 12.9 acre property and consists of 49 two-story buildings and a separate community/leasing building.  Utilizing HUD’s Section 223(f) refinance program, AGM obtained a HUD-insured mortgage of $12,549,200 with a 35-year term at a fixed interest rate.