The Low-Income Housing Tax Credit (LIHTC) is the federal government’s primary program for encouraging the investment of private equity in the development of affordable rental housing for low-income households.
Tag: LIHTC
Wells Fargo Provides $163M Construction Financing on Bay Area Affordable Housing Complex Midway Village
Wells Fargo has provided a total of $162.9 million in financing for Midway Village Phase 2, the new construction of the second phase of...
Merchants Capital Secures $120M for New Jersey-based Mixed-Use, Affordable Housing Development Museum Parc
Leading financial services provider Merchants Capital announced $120 million in financing for the construction of Museum Parc, a 250-unit mixed-income, mixed-use and retail development...
Merchants Capital Secures $316+M for Phase II of Alafia, a Mixed-Use Affordable Development in...
Leading financial services provider Merchants Capital announced more than $316 million in construction, permanent and equity financing for the second phase of Alafia (Alafia...
Self Help Enterprises Celebrates Grand Opening of New Affordable Housing Community Guardian Village Near...
Self-Help Enterprises (SHE) celebrated the grand opening of Guardian Village, a vital new affordable housing development in Reedley that addresses the critical housing shortage...
Construction Started on Aufgang Designed 100% Affordable Multifamily Community on Ogden Avenue in the...
Construction has begun on an Aufgang Architects designed 100% affordable community that includes supportive housing, located at 1415 Ogden Avenue in the Highbridge section...
Housing Trust Group Delivers $33.8M Mixed-Income Apartment Community The Rushmore to Houston
Housing Trust Group (HTG), a leading multifamily developer has closed on financing and commenced construction on The Rushmore, a $33.8 million affordable housing community...
Evergreen Real Estate Group and LUCHA Complete 89-Unit Affordable Housing Development Encuentro Square in...
Evergreen Real Estate Group, a leader in the development, construction and management of both affordable and market-rate multifamily properties, announced the completion of Encuentro...
Safehold Closes Ground Lease for Sacramento Affordable Housing Development The Crawford
Safehold Inc., the creator and leader of the modern ground lease industry, has closed on a ground lease to facilitate the ground-up development of...
Red Stone Equity Partners Raises $1.43B of Equity in 2024
Red Stone Equity Partners LLC, a privately-owned real estate finance and investment company specializing in affordable multifamily fund management, announced that 2024 marked the...
CPP Announces Acquisition of Sundance Apartments in Bakersfield California
CPP (Community Preservation Partners), a mission-driven affordable housing preservation developer, in partnership with Bettencourt Properties and The Beneficial Housing Foundation, has announced the acquisition...
BWE Secures Over $32M for Affordable Housing in Indiana and North Carolina Including The...
BWE, a national commercial and multifamily mortgage banking company, announced the closing of three financings totaling over $32 million for the construction and substantial...
Housing Trust Group Breaks Ground on $185M Mixed-Use Development Rainbow Village with Affordable Housing...
Housing Trust Group (HTG), one of the nation’s largest developers of affordable housing, has secured financing and commenced development on Rainbow Village, a $185...
MassHousing Has Closed on $29.7M in Affordable Housing Financing for the Transit-Oriented Development of...
MassHousing has closed on $29.7 million in affordable housing financing to the nonprofit NeighborWorks Housing Solutions (NHS) for the construction of 94 new affordable...
The BLVD Group Closes 2024 with Strategic Acquisition of Providence Affordable Housing Complex Williams...
The BLVD Group ("BLVD"), a leading developer and operator of affordable and workforce housing communities, announced the successful acquisition of Williams Woods Apartments, a...
Dominium Acquires Land for Avery Landing to Develop 153 Affordable Apartment Homes in Greenville...
Dominium, a leading national affordable housing owner, developer and manager, announced that it has acquired land at 6615 Augusta Road in Greenville, South Carolina...
