WNC & Associates (WNC) and Belmont Development Company (BDC), have closed a deal to acquire three affordable housing properties in Arkoma and Pocola, Oklahoma.

GardenWalk of Pocola is located at 207 Howard Street in Pocola and comprises 36 units across six two-story buildings. GardenWalk of PocArk—Pocola, located at 210 Rowe Avenue in Pocola, offers 20 units across 10 one-story buildings. GardenWalk of PocArk—Arkoma has a total of 23 units across two one-story buildings and two two-story buildings. All three properties will be renovated with LIHTC financing, targeting family households with incomes up to 50% and 60% of Area Median Income (AMI).

“The availability of affordable housing in Le Flore County is limited,” said Anil Advani, Executive Vice President of Originations and Finance at WNC. “This project is a crucial step in preserving the community’s existing affordable housing while reinforcing WNC’s commitment to providing safe, secure, and high-quality housing for families across the United States.”