Oak Cliff Welcomes New Affordable Housing Property
Summary
“The proximity to the VA, the DART and retail establishments help to make Magnolia Trace a perfect residential choice for active adults.” The 8.9 acre property is unique in that it offers affordable housing for seniors, while also providing on-site services and amenities such as a beauty salon, fitness center, library and putting green.Contact: Candra Crabb manager@magnoliatraceapt.com (214) 372-3268 ### Dallas, TX, December 11, 2011 --( PR.com )-- This week the neighborhood of Oak Cliff will welcome its newest multi-family housing community, catering to active adult living.Magnolia Trace is a 112 unit property offering residents a variety of amenities.The grand opening ceremony will take place on Monday, December 12th from 11 A.M. to 1 P.M., with Deputy Mayor Pro Tem Tennell Atkins presiding.“The proximity to the VA, the DART and retail establishments help to make Magnolia Trace a perfect residential choice for active adults.”The 8.9 acre property is unique in that it offers affordable housing for seniors, while also providing on-site services and amenities such as a beauty salon, fitness center, library and putting green.The staff will assist new residents with the application process and welcome them into their new homes.Magnolia Trace was financed in conjunction with the Texas Department of Housing and Community Affairs, private equity and bond lenders.Sunchase American offers lease up, tax credit and conventional property management solutions delivered by more than 300 employees nationwide.