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The Marquis

Project Impacts

Back to Project Details: The Marquis

Note: At the time of this report, SDS is in the process of collecting additional data from the project sponsor, development team consultants, local government officials, community stakeholders, and others to assess the full scope of the project’s impacts in the context of the surrounding community. The projected impacts below are based on the ASREF CRA Analysis. For more information on Impact Report methodology, please see section 1.3.

Impact on
LMI Individuals
& Communities

The Marquis will maintain affordability of all 205 units at 80% of the Area Median Income (AMI). 100% of tenants are currently using LURA vouchers, only paying rent at 30% of the AMI. The Marquis is located in an Low-income census tract, so preserving quality affordable housing is key for LMI individuals within this community and in nearby low-income census tracts. Over 20% of LMI area are below the poverty line, so affordable housing is just as crucial for this community.

Environmental 

Impacts

The Sponsor will implement low flow water fixtures and LED lighting. The property is set to have smart water meters put in which will help control water usage.