Construction has begun on Residences at West Haven, an affordable senior housing development in West Haven, Utah. The 40-unit community is developer TWG’s first development in the state.
The nearly 38,000-square-foot, three-story development will serve residents 62 and older who earn between 30% and 80% of the area median income. Priority will be given to residents who are veterans, and a number of units will also be reserved for local seniors with disabilities or suffering from homelessness.
“We are honored to continue to expand our nationwide presence with TWG’s first property in the Utah market,” said TWG acquisitions director Ryan Kelly. “Residences at West Haven is an important project for TWG and will offer local seniors more affordable living options in the West Haven community.”
The $9.5 million development will feature numerous amenities such as a computer room, in-unit laundry, raised garden beds, on-site storage, bike racks, and a community fitness center.
TWG is collaborating with the Weber Housing Authority on the project.
“This new development propels our mission to assist more people in finding safe and affordable housing in Weber County,” said Andi Beadles, executive director of the agency. “We strive to promote personal, economic, and social upward mobility. Through this partnership with TWG, Weber Housing Authority is able to support local senior residents’ success and well-being.”
TWG was awarded a reservation of low-income housing tax credits from the Utah Housing Corp. to develop this project. The project also includes support from numerous key partners, including the Weber Housing Authority, Raymond James Tax Credit Funds, Olene Walker Housing Loan Fund, Horizon Bank, and Rocky Mountain Community Reinvestment Corp.
Headquartered in Indianapolis, TWG specializes in commercial, market-rate, affordable, and senior housing development. It has transacted over $1.3 billion in development costs and over 8,000 units across the country.