Spotsylvania County is situated in northern Virginia, adjacent to several rivers and lakes. Rich in history and scenery, Spotsylvania boasts an abundance of recreational activities for residents and visitors alike. Being along Interstate 95, Spotsylvania offers an easy commute to metropolitan areas such as Washington, D.C., and has thus become one of Virginia's fastest-growing communities. Along with several historic museums, the county also attracts people with large parks and many commercial and retail businesses. Spotsylvania has seen high population growth over the past several years, increasing the need for affordable housing options.
Keswick Apartments is a new construction development in Spotsylvania County that consists of 120 units of affordable housing for families in the area. The community consists of four buildings that include one-, two-, and three-bedroom apartments ranging in size. Keswick Apartments targets families earning up to 60% of the Area Median Income, with some units reserved for families earning under 40% or 50% of the Area Median Income. All units include amenities such as kitchen appliances, ceiling fans, and walk-in closets.
New Construction: 120 Units
Private Equity Investment: $7,569,345
Local Jobs Supported: 108
Local Government Revenue: $2,039,520
Keswick Apartments was developed by The Humanities Foundation, Inc., a nonprofit regional developer of affordable housing based in South Carolina. Since 1992, The Humanities Foundation, Inc. has developed more than 1,600 units of affordable housing for families and seniors across South Carolina, Virginia, and Louisiana. The property is managed by an affiliated entity, JDC Management, that serves as the property management company for each property developed by The Humanities Foundation, Inc.
Families who live in Keswick Apartments also have access to a clubhouse, community room, fitness center, laundry facility, and playground as some of the additional community amenities. With the updated interior design and convenient amenities to help meet the needs of residents, Keswick Apartments will serve as both a safe and affordable housing option for families in Spotsylvania County.