Jordan’s Gate is a new community of 48 single-family rental homes created for families earning 60 percent or less of area median income. The 26-acre development is located in Jeter, an area of Opelika targeted for redevelopment, and includes a clubhouse, playgrounds, and fitness and computer centers. A $9.3 million development, Jordan’s Gate was financed with Low-Income Housing Tax Credit equity and loans from Enterprise Community Investment, Inc. and a Section 4 grant from Enterprise Community Partners along with a construction loan from Troy Bank & Trust. Residents of Jordan’s Gate will be provided an option to purchase their homes at the end of the tax credit compliance period. Visit the event Friday Morning!
Join the event Friday Morning at Jordan’s Gate Clubhouse, 312 Jordan’s Gate Drive, Opelika, Ala. 36801 Diirections: Pass the Greater Peace Child Development Center on Fox Run Parkway to Greater Peace Drive, which turns into Jordan’s Gate Drive. Event time is 11:30AM
From the Archives — originally published on the Opelika Daily News on May 28, 2009. View the original page.
