### WNC & Associates and Belmont Development Acquire Affordable Housing Properties in Oklahoma
WNC & Associates (WNC) and Belmont Development Company (BDC) have successfully closed a deal to acquire three affordable housing properties in Arkoma and Pocola, Oklahoma.
**Property Details:**
– **GardenWalk of Pocola:** Located at 207 Howard Street in Pocola, this property consists of 36 units across six two-story buildings.
– **GardenWalk of PocArk – Pocola:** Situated at 210 Rowe Avenue in Pocola, it features 20 units across 10 one-story buildings.
– **GardenWalk of PocArk – Arkoma:** Comprising 23 units, this community includes a mix of two one-story buildings and two two-story buildings.
All three properties will undergo renovations through Low-Income Housing Tax Credit (LIHTC) financing. The housing will be reserved for family households earning up to 50% and 60% of the Area Median Income (AMI).
“The availability of affordable housing in Le Flore County is limited,” said Anil Advani, Executive Vice President of Originations and Finance at WNC. “This project is a crucial step in preserving the community’s existing affordable housing while reinforcing WNC’s commitment to providing safe, secure, and high-quality housing for families across the United States.”
