Four Flags Plaza Apartments
2019Year Built |
88Total Units |
Four Flags Plaza is specifically designed for those 62 years of age and better, or those with a mobility impairment. The project is conveniently located close to the downtown near Health Care facilities, shopping, banking and dining.
KEY THEMES
- Affordable senior housing community provides income-restricted apartment homes for residents age 62+ and individuals with mobility impairments
- Resident-focused design supports independent living through accessible housing, professional management, and convenient community services
- Strategic downtown Niles location places residents near healthcare, shopping, banking, dining, and public transportation
- Affordable housing investment preserves long-term housing opportunities for seniors while supporting aging in place
- Community programming and shared amenities encourage resident engagement, social connection, and an active independent lifestyle
RESULTS
- Preserved 88 affordable senior apartment homes, with all 88 residences designated as income-restricted LIHTC units
- Secured Low-Income Housing Tax Credits to support long-term affordability and property reinvestment
- Provides one-bedroom senior residences with accessible housing options designed to support independent living
- Established a convenient residential location near downtown Niles healthcare providers, shopping, dining, banking, and transportation
- Continues to serve the Niles community as part of General Capital's growing portfolio of affordable housing investments in Southwest Michigan
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