Belvedeere Estates

Kentwood, LA

Property Type:
Single Family
Total Development Cost:
Financing Structure:
LIHTC Units:
Market Rate Units:
Completion Date:
Energy Star Partner

Belvedeere Estates Subdivision is a 24-unit property located near Louisiana Highway 1049, in Kentwood, Louisiana. The subdivision consists of 19 three-bedroom and 5 four-bedroom single-family houses on individual lots. Each three-bedroom house is approximately 1,180 square feet and each four-bedroom house is approximately 1,250 square feet plus a garage, front porch and back patio.
Each house is equipped with a stove, vent hood, refrigerator, dishwasher, disposal, microwave oven, central heat and air conditioning. In addition, each house will be provided with a washer and dryer unit as well as ceiling fans. All of the appliances are ENERGY STAR rated. The exterior is constructed of brick and/or vinyl siding.
The property includes a playground area and a community facility for the exclusive use of the residents.
The Belvedeere Estates Subdivision was built to cater exclusively to large families. The rent structure of the property is governed by the IRS Section 42 rules and is restricted to residents earning at or below 60% of the area median income.
Preference is shown to qualified residents that are on the Public Housing Authority’s waiting list. It is anticipated that at the end of the compliance period the houses will be offered for homeownership.