Sweetwater Apartments

Sweetwater Apartments phase II was funded in FHFC RFA 2023–201 Housing Credit Financing For Affordable Housing Developments Located In Medium And Small Counties. Sources for this development are 9% LIHTC and a construction-to-permanent conventional loan. Closed in March 2025 and is currently under construction with substantial completion anticipated for June of 2026. Sweetwater is currently in credit underwriting.  Sweetwater Apartments is a partnership between Birdsong Housing Partners, ReVital Development Group, and the Greater Lake City Community Development Corporation, a non-profit with the mission “To assist low to moderate income families and individuals to become homeowners and renters of decent, sanitary and safe affordable housing and home ownership” Sweetwater is the second of four phases of affordable housing planned by the Greater Lake City Community Development Corporation.