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
McDowell Housing Partners Completes $40M Affordable Senior Community Ekos at Arbor Park in Sarasota
McDowell Housing Partners (MHP), a leading affordable housing development and investment company, has completed construction of phase one of Ekos at Arbor Park in...
WNC Closes $119M Institutional Tax Credit Fund to Boost Affordable Housing Across California
WNC & Associates (WNC), a family-owned business known as both a pioneer and leader in the affordable housing industry, has closed WNC Institutional Tax...
Housing Trust Group and Mount Hermon AME Church Complete $43.5M Affordable Senior Community in...
Housing Trust Group (HTG), a leading multifamily developer, and Mount Hermon African Methodist Episcopal Church Inc., under the ministry of Rev. Dr. Henry E....
BRP Companies and Hudson Companies close on $343M in Financing for Phase II of...
Hudson Companies and BRP Companies announced closing on $343 million in financing for the second phase of La Central, delivering an Extremely Low &...
Community Preservation Partners Acquires 49 Unit Affordable Housing Community Ramona Park in Metro Los...
Community Preservation Partners (CPP) has acquired a 49-unit affordable housing complex in Baldwin Park with plans to make significant renovations and maintain the property...
City of Chicago Council Approves $66M in TIF Funding for LaSalle Street Reimagined Initiative...
The Chicago City Council has approved $66 million in tax increment financing for two vacant downtown office buildings to be redeveloped into apartments as...
DCHFA Partners with Manna and AHC to Bring 90 New Affordable Apartments to Shaw...
On April 11, 2025 the District of Columbia Housing Finance Agency (DCHFA) issued $36 million in tax exempt bonds, underwrote $29 million in federal...
The BLVD Group Strengthens Its Rhode Island Presence with Purchase of Rock Ridge Apartments...
The BLVD Group ("BLVD"), a leading developer and owner of affordable housing, announced its $57 million acquisition and planned LIHTC renovation of Rock Ridge...
Merchants Capital Secures $25.5M for Twin Cities-based Affordable and Supportive Housing Development Prairie Pointe
Leading financial services provider Merchants Capital announced $25.5 million in debt and equity financing for the construction of Prairie Pointe, a 42-unit affordable and...
Avanti Residential Expands into Affordable Housing with Launch of New Affiliate Focused on Low...
Avanti Residential, a nationally recognized multifamily investor and operator, proudly announces the formation of its new affiliate, Avanti Residential Housing. This strategic expansion positions...
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...
