Zimmerman Properties, LLC has begun construction of a new 60-unit multi-family housing development known as Shawnee Park Apartments, LP, just east of Denny’s and north of Interstate 40.

Zimmerman Properties, LLC has begun construction of a new 60-unit multi-family housing development known as Shawnee Park Apartments, LP, just east of Denny’s and north of Interstate 40.

In November, the Board of Trustees for the Oklahoma Housing Finance Agency (OHFA) approved federal reservations of affordable housing tax credits to build or rehabilitate affordable housing in Oklahoma.

Zimmerman Properties, LLC received an award of $440,290 in state tax credits allocated for the construction of 60 apartments to be known as Shawnee Park Apartments.

Zimmerman received an award of Home Investment Partnership Program (HOME) funds — $500,000 — at the September board meeting that was contingent upon being awarded tax credits at the November meeting.