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
Capstone Closes Sale of Iliff Avenue Office Redevelopment Project in Denver
Capstone Colorado Land Team has closed the sale of 4770 E Iliff Avenue, a 48,917 sq ft (1.12 ac) office redevelopment property in Denver...
Safehold Closes Four Ground Leases for Affordable Multifamily Assets in the Bay Area California
Safehold Inc., the creator and leader of the modern ground lease industry, has closed on ground leases to facilitate the ground-up development of four...
Housing Trust Group Breaks Ground on $24.5M Senior Housing Community The Fountains at Hidden...
Housing Trust Group (HTG), one of the nation’s largest developers of affordable housing, has secured financing and commenced construction on The Fountains at Hidden...
Merchants Capital Provides $81M+ Total Financing for New Michigan-Based, Mixed-Use Workforce Development HōM Flats...
Leading financial services provider Merchants Capital announced that it has secured more than $81 million in total financing on behalf of Magnus Capital Partners...
DCHFA Finances 139 Affordable Apartments in the Second Phase of Development of The Edmonson...
The District of Columbia Housing Finance Agency (DCHFA) issued $61.1 million in tax exempt bonds and underwrote $52 million in federal Low Income Housing...
Affordable Housing Investment Brokerage Advises On the 166-unit Heartland Housing Affordable Housing Portfolio Sale...
Affordable Housing Investment Brokerage Inc. (AHIB) was retained by a court-appointed receiver to identify and secure new owners for portions of Heartland Housing's Wisconsin...
Just A Start and Project Partners Break Ground for 52 New Street in Cambridge...
Just A Start and project partners celebrated the start of construction on 52 New Street, which will create 106 new rental homes for residents...
Dominium to Host Grand Opening for Haven at Congaree Pointe Affordable Senior Housing in...
Dominium, a leading affordable housing developer, owner, and manager announced that it will celebrate the grand opening of the Haven at Congaree Pointe affordable...
Red Oak Capital Holdings Provides $7.70M for Gulf Coast Apartment Community Ocean Shores
Red Oak Capital Holdings, LLC has provided $7.70 million in financing for Ocean Shores Apartments, a 128-unit garden-style apartment community in D'Iberville, Mississippi.
The debt...
Michael Larsen Joins Merchants Capital as Chief Financial Officer
Leading financial services provider Merchants Capital announced the addition of Michael Larsen to its executive leadership team in the new role of Chief Financial...
Evergreen Real Estate Group Celebrates Grand Opening of Assisted Living Community Green Oaks of...
Chicago-based Evergreen Real Estate Group announced the completion of Green Oaks of Valparaiso, a three-story, 120-unit assisted living community for low-income seniors in Valparaiso,...
GMD Development and WNC & Associates Close Deal to Begin Construction on Victory Northgate...
GMD Development, a private, mission-based developer/owner of affordable housing based in the Pacific Northwest, and WNC & Associates (WNC), a family-owned business known as...
Robert Golden Named Chief Executive Officer of Boston Financial
Boston Financial, one of the largest and most established syndicators of U.S. Low-Income Housing Tax Credits (“LIHTC”), announced that Robert “Rob” Golden has been...
WNC & Associates Closes $302M Affordable Housing Fund
WNC & Associates (WNC), a family-owned business known as both a pioneer and leader in the affordable housing industry, has closed WNC Institutional Tax...
Lincoln Avenue Communities Breaks Ground on Affordable Housing Development 52 at Park in Orlando
Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, broke ground on the future site of 52 at Park in Orlando,...
