Heights At Jackson Village

KCG Development is proud to announce the closing of the Heights at Jackson Village, a 187 unit, age-restricted affordable community in Fredericksburg, Virginia.

KCG’s first community in Virginia will feature spacious apartment homes with community amenities to include walking trails, a woodworking shop, pool, and a generous clubhouse with a wellness studio, business center, and community room. Residents will enjoy convenient living on Virginia’s bustling I-95 corridor and close proximity to the retail amenities of nearby Cosner’s Corner. The $46.6 million project is financed through the syndication of 4% low-income housing tax credits and tax-exempt bonds issued by the Spotsylvania County Economic Development Authority.

Alliant Capital is the tax credit syndicator and KeyBank Community Lending is the bondholder. The Virginia-based development team includes Winks Snowa Architects of Richmond, Bowman Consulting Group of Fredericksburg, and Bonaventure Construction of Arlington.