SANTA MONICA, CA – November 15, 2011 – (RealEstateRama) — Enterprise Community Investment, Inc. (Enterprise) today announced it has closed an $8.3 million Low Income Housing Tax Credit (Housing Credit) syndication deal to help Community Corporation of Santa Monica (CCSM) build High Place West Apartments, which will offer 47 units of affordable housing. High Place West will enable families earning 35 percent to 60 percent of area median income to live in the 32 two-bedroom and 15 three-bedroom apartments in a three-story building.
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