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
KeyBank Community Development Lending Provides Financing for Affordable Housing Property El Camino Commons
KeyBank Community Development Lending and Investment (CDLI) provided a $32 million tax-exempt construction loan and a $15 million taxable construction loan to finance the...
Walker & Dunlop Closes $240M Low Income Tax Credit Investment Fund for Affordable Housing...
Walker & Dunlop has raised $240 million from an investment fund that aims to support affordable housing solutions throughout the country. Fund 124, which...
LDG Development Lands Low Income Housing Tax Credits for Gateway at Trinity Forest a...
LDG Development qualified for low-income housing tax credits for its latest DFW apartment project. The 330-unit development will be designated for households earning at...
Northmarq Arranges $15.2M Sale of SeaTac Apartment Community Hampton Heights in Tukwila
Northmarq's Seattle Multifamily Investment Sales team led by Tyler Smith, Steve Fischer Joe Kinkopf and successfully completed the $15.2 million sale of Hampton Heights,...
EIHF and DevCo Celebrate the Opening of Astra and Solera Apartments in the Renton...
The Evergreen Impact Housing Fund (EIHF) is pleased to announce the opening of the Astra and Solera apartments in the Renton Highlands.
The Astra apartments...
Guardian Doubles Washington Presence with Addition of Nine HUD-Subsidized Apartment Communities
Guardian, a leader in Pacific Northwest multifamily property operations, is proud to announce it assumed management of nine HUD-subsidized apartment communities serving low-income seniors...
Northmarq Arranges $18M HUD Loan for 220-unit Southernside Apartments in Greater St. Louis
Eugene Harris of Northmarq's St. Louis Debt + Equity team secured more than $18 million in HUD financing for Southernside Apartments, a 220-unit affordable...
New Affordable Housing Development La Costa Family Apartments to Support San Diego’s Workforce
WNC & Associates (WNC), a family-owned business known as both a pioneer and leader in the affordable housing industry, and Mirka Investments, LLC, a...
Soria Apartments Delivers 63 Units of Affordable Housing to East Greenwich Rhode Island
Pennrose, Cove Homes, Inc., and project partners celebrated the grand opening of Soria, a brand-new, mixed-income housing community on Frenchtown Road in East Greenwich....
Related Midwest, City Officials, CHA Celebrate Grand Opening of Roosevelt Square Phase 3B on...
Related Midwest announced the opening of three new residential buildings in Phase 3B of Roosevelt Square, the developer's 67-acre multiphase redevelopment on Chicago's Near...
Joint Venture Celebrates the Grand Opening of $43.5M Affordable Mount Hermon Apartments for Seniors...
Housing Trust Group (HTG), a leading multifamily developer, and Mount Hermon African Methodist Episcopal Church Inc., under the ministry of Rev. Dr. Henry E....
PNC Multifamily Capital Announces $208M Affordable Housing Fund Increasing Access to Affordable Housing Across...
PNC Bank, N.A., a tax credit syndication leader announced the closing of Low-Income Housing Tax Credit (LIHTC) Fund 98, which is investing more than...
Lincoln Avenue Communities Breaks Ground on Affordable Housing Development Cresta Ranch Apartments in New...
Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, hosted a groundbreaking ceremony last week at the future site of Cresta...
CPP & Beacon Revitalize Historic Brewery Square to Preserve 104 Affordable Homes in New...
CPP (Community Preservation Partners), a mission-driven affordable housing preservation developer, and Beacon Communities, one of the nation's leading affordable housing development and management companies,...
Grand Opening Celebrates Affordable Senior Housing Community Little Patuxent Senior Apartments in Gambrills Maryland
Green Street Housing, HRH Holdings, and Good Works will host a ribbon–cutting ceremony on to mark the grand opening of Little Patuxent Senior Apartments, a 78–unit...
