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The CMFA Issues $23,526,864 in Tax-Exempt Financing for Bennett House Apartments

The Bennett House Apartments is an acquisition/rehabilitation of a 70-unit affordable housing project for families. The Project needs renovation to address certain unit, building and common area concerns. The units will be restricted to households earning 60% or less of area median income (AMI). Amenities include community garden, laundry facilities, community room, and computer lab. A community service coordinator will also be provided for residents. This financing will preserve 69 units of affordable housing for the Town of Fairfax for 55 years.

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