Santamerica
Santamerica consists of 195 newly constructed single family detached houses for rent to families. Situated in the suburbs of the Municipality of Ponce, the property is primarily surrounded by residential, industrial, retail and commercial properties, including a shopping plaza anchored by a grocery store, several restaurants, and a Walgreens within a short distance of the site. Project amenities include a community building which will contain a central laundry room, an office for a social worker, a community room, and a management office.
Total development cost of $32,100,000 includes equity from an investor purchasing low income housing tax credits provided by Puerto Rico Housing Finance Authority (“PRHFA”) and a 1602 grant from PRHFA.
The Linden Group Corporation is committed to the principles of fair housing, including creating developments that include features of accessibility and adaptable design for people with disabilities, as required by state and federal law.
