Project Funding Sources
The Reserves at Storm Lake is a mixed income, 32-unit, new construction walk-up development consisting of 16 two-bedroom units and 16-three bedroom units. The overall development includes two identical 16-unit buildings, a community clubhouse and 69 total parking spaces, 5 of which are handicap accessible. Each residential building is approximately 17,974 sf and the clubhouse is approximately 1,714 sf for a total of 37,662 sf. The building includes two-bedroom and three-bedroom units. A total of 16 units and all of the units on the first floor are handicap accessible, and six total units are accessible for those with hearing/vision needs. Thirty-one units will be affordable to families earning up to 60% of the Area Median Income. One unit is unrestricted.