Section 538 loans in Wyoming
USDA's public file lists 4 Section 538 guaranteed loans in Wyoming, $4,441,273 in all, financing 124 apartments. 4 of them also used housing tax credits. The median loan covered 20% of total development cost.
Lenders on these loans
- BONNEVILLE MORTGAGE COMPANY, LLC2
- PNC BANK, N.A.1
- LUMENT REAL ESTATE CAPITAL, LLC1
Lender names as USDA records them. Open Country is not affiliated with any lender listed.
| Project | Closed | Loan | Loan to cost | Units | 1BR / 2BR / 3BR rent |
|---|---|---|---|---|---|
| College Hill II Apartments Riverton · New Construction · LIHTC · PNC BANK, N.A. | 2021 | $642,374 | 20% | 32 | - / $409 / $551 |
| Cedar Creek II Apartments Jackson · Rehab/Repair · LIHTC · BONNEVILLE MORTGAGE COMPANY, LLC | 2015 | $637,419 | 13% | 28 | $811 / $989 / - |
| Cedar Creek I- Fka:brandychase Jackson · Rehab/Repair · LIHTC · BONNEVILLE MORTGAGE COMPANY, LLC | 2015 | $2,034,580 | 46% | 24 | $1,089 / $1,308 / - |
| Woodridge Apartments Riverton · New Construction · LIHTC · LUMENT REAL ESTATE CAPITAL, LLC | 2009 | $1,126,900 | 20% | 40 | - / $497 / $558 |