RUBY OAKS

PROJECT DESCRIPTION:
April Woods Phase II (Ruby Oaks) has funding from THDA through Low Income Housing Tax Credits to construct a 60 unit multi-family housing complex, located at the corner of Alcy and Hernando. A total of 13 of the 60 units in Ruby Oaks Apartments complex within the April Woods Phase II (Ruby Oaks) project is funded with HOME funds. The construction of the Ruby Oaks Apartments has created increased multi-family housing options for low to moderate income citizens in the Alcy community. The construction of the Ruby Oaks Apartments has contributed to the housing stock in a low investment area, and increased the tax base in the city and county.