Friday, February 21, 2025

Tag: LIHTC

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.

The Rushmore

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...
Encuentro Square

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...
The Crawford

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

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...
Sundance Apartments

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...
The Gaston at North End

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...
Rainbow Village

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...
Brockton South

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...
Williams Woods Apartments

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...
Avery Landing

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...
Anson Crossing

Dominium Announces the Acquisition of Land for New Affordable Housing Community Anson Crossing in...

Dominium, a leading national affordable housing owner, developer and manager, has announced the acquisition of land in Maxwell, Texas with plans to construct a...
Barnaby & 7th

DCHFA Finances the Second Phase of Barnaby & 7th Adding 229 Affordable Apartments in...

District of Columbia Housing Finance Agency (DCHFA) issued $63 million in tax exempt bonds, underwrote $47.1 million in federal and $10.4 million in DC...
Rhode Island Avenue

DCHFA Finances its First Development of 2025 – 100 New Affordable Apartments on Rhode...

On January 17, 2025 the District of Columbia Housing Finance Agency (DCHFA) issued $35.1 million in tax exempt bonds, underwrote $25.56 million in federal and...
Fannie Mae Multifamily

Fannie Mae Multifamily Closes 2024 With More than $55B in Volume

Fannie Mae (FNMA/OTCQB) announced that they provided more than $55 billion in financing to support the U.S. multifamily market in 2024. Fannie Mae provided significant...
Central Park Apartments

Marcus & Millichap Arranges $4.5M Sale of 48-Unit Central Park Apartments in Wisconsin

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Central...

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