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Falcon Trace
Falcon Trace was funded in FHFC RFA 2021-205 SAIL with Tax-Exempt Bonds and Non-Competitive Housing Credits. Sources for this development are SAIL, Osceola County MMRB, 4% LIHTC, and a loan from Osceola County. Tax credit equity and the construction loan will be provided through Bank of America, and the permanent loan will be provided through Chase Bank. Falcon Trace II is currently in credit underwriting with construction anticipated to begin in the second quarter 2023.
Tenancy
Family
Units
354
Apartment Types
35 1-bed/1-bath, 212 2-bed/2-bath, 107 3-bed/2-bath
Community Amenities
Picnic areas, playgrounds, a swimming pool, dog parks, walking trails, computer lab, fitness room, and property manager
Property Website
Coming Soon!
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