LP Name Downing Way LP  
Number of Units
Type
Residency
24
new construction
elderly
Placed in Service Date
Partnership Closing Date
07/07
10/06
Unit Mix 20 one-bedroom units
4 two-bedroom units
Income Target 15 units at or below 50% of AMI
9 units at or below 60% of AMI
NNEHIF Fund CC 2006 LP
Other Sources of Funding Salem Cooperative Bank
New Hampshire Housing Finance Authority
AHP
Town of Salem Community Development Block Grant
Developer Salem Housing Authority
Property Manager Salem Housing Authority