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
Pennrose Celebrates Garfield Terrace Phase I Grand Opening and Phase II Groundbreaking
Pennrose, Butler Housing Company, CBC Financial Corp, the City of Phoenix, the Arizona Department of Housing, and project partners gathered to celebrate significant progress...
Berkadia Secures Financing for a Market-Rate to Affordable Housing Conversion of Indigo Apartments in...
Berkadia, a distinguished leader in the commercial real estate sector, announced the financing of The Indigo Apartments in Clearwater, Florida.
Senior Managing Director Tim Leonhard...
Fairstead Acquired Dallas Section 8 Housing Community Royal Crest Apartments Plans Extensive $24M Rehab
Fairstead acquired the 167-unit Royal Crest Apartments, at 3558 Willhurt Avenue, in Dallas and plans to extensively rehab the Section 8 subsidized housing community.
The...
Impact Pool Investment Will Preserve Affordable Housing in Arlington County with Haven Columbia Pike...
LEO Impact Capital, JBG SMITH’s workforce housing investment management platform, said the Impact Pool, an investment vehicle it manages, made a preferred equity investment...
Greystone Real Estate Capital Closes Inaugural LIHTC Fund
Greystone Real Estate Capital, a national tax credit syndicator and subsidiary of Greystone Select Incorporated (and together with its direct and indirect subsidiaries, "Greystone"),...
Berkadia Closes $100M LIHTC Multifamily Fund
Berkadia announced the closing of a $100 million multi-investor low-income housing tax credit (LIHTC) fund.
Berkadia Housing Partnership XV 2025 will help finance the development...
EAH Housing and the County of Santa Clara Break Ground on First 100% Affordable...
Nonprofit developer EAH Housing and the County of Santa Clara broke ground on Distel Circle, the first 100% affordable housing rental community in the...
Housing Trust Group and HfH Supportive Housing Secure Financing on Forest Glen near Orlando
Housing Trust Group (HTG), a leading multifamily developer, has closed on financing and commenced construction on Forest Glen, a $28 million affordable housing community...
Joint Venture Including WNC & Associates Announce New 201-Unit Affordable Housing Community 89 Elm...
WNC & Associates (WNC), a family-owned business known as both a pioneer and leader in the affordable housing industry; Avesta Housing, a regional nonprofit...
Jonathan Rose Companies Acquires Crosstown Parkway Senior Housing Apartments in Kalamazoo for $20.5M
Jonathan Rose Companies, a leading mission-driven real estate investment and development firm, today announced the acquisition of Crosstown Parkway Apartments ("Crosstown"), a 201-unit, affordable...
Cinnaire Provides Over $38M in Financing to Preserve Affordable Housing at Countryside Townhouses near...
Cinnaire has announced the closing of a $12 million Low-Income Housing Tax Credit (LIHTC) equity investment as well as $23.5 million loan with their...
Greysteel Brokers Sale of Affordable Housing Riverwalk Townhomes in Stephenville near DFW
Greysteel, a leading commercial real estate investment sales and debt and structured finance advisory firm, announced the sale of Riverwalk Townhomes, a fully affordable...
Foss & Company Closes 23-Unit Affordable Housing Development Goodson Hills in Bristol Virginia
Foss & Company, a leading tax equity syndicator announced the successful closing of Goodson Hills, a newly constructed, townhouse-style apartment community in Bristol, VA....
Groundbreaking Held for Atlantic Boulevard Apartments an 80-Unit Affordable Housing Community in Sterling Virginia
Good Housing and Green Street Housing announced the groundbreaking of Atlantic Blvd Apartments, an 80-unit affordable housing community in Sterling, Virginia. The ceremony, held...
Safehold Closes Ground Lease for New 227 Total Unit Multifamily Affordable Housing Development in...
Safehold Inc. (NYSE: SAFE), the creator and leader of the modern ground lease industry, has closed on a ground lease for the development of...