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
The BLVD Group Breaks Ground on 300-Unit Affordable Housing Redevelopment of Concord Royal Gardens...
The BLVD Group ("BLVD"), a leading developer and owner of affordable housing, is pleased to announce the $97 million acquisition and planned renovation of...
MassHousing Has Closed on $22M in Financing for the Redevelopment of Two Former Salem...
MassHousing Has Closed on $22 Million in Financing for the Redevelopment of Two Former Salem School Buildings into 61 New Affordable Rental Homes North...
MidPen Completes Bay Area Affordable Housing Community Fair Haven Commons
MidPen Housing has officially opened Fair Haven Commons, a 72-unit affordable community in Fairfield, California. This property marks MidPen’s third development in the city. The...
Housing Trust Group Begins Construction of $58M Affordable Courtside Apartments II in Miami
Housing Trust Group (HTG), a leading multifamily developer, alongside AM Affordable Housing, a non-profit founded by NBA Hall of Famer and Miami Heat legend...
Pennrose Celebrates Grand Opening of Thatcher Flats Phase I & Begins Construction on Phase...
Pennrose, Walnut Hills Redevelopment Foundation (WHRF), and project partners gathered to celebrate significant progress on Thatcher Flats, the $27 million Lincoln & Gilbert redevelopment...
Red Oak Capital Holdings Provides $5.5M for Gulf Coast LIHTC Asset The Breakers Apartments
Red Oak Capital Holdings, LLC has provided $5.46 million in financing for The Breakers Apartments, a 96-unit garden-style apartment community located in Ocean Springs,...
Marcus & Millichap Facilitates Sale of 40-Unit Apartment Property The Current in North Dakota
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The...
Merchants Capital Secures $100+M for Austin Affordable Housing Development Travis Park Apartments
Leading financial services provider Merchants Capital announced that it secured more than $100 million in debt and equity proceeds for the acquisition and rehabilitation...
Evergreen Real Estate Group Breaks Ground On 60-Unit Affordable Rental Community Rifle Apartments in...
Chicago-based Evergreen Real Estate Group, a leader in the development, construction and management of both affordable and market-rate multifamily properties, has announced the start...
Housing Trust Group Breaks Ground on $30M Affordable Senior Housing Community Grand East Village...
Housing Trust Group (HTG), a leading multifamily developer, in partnership with AM Affordable Housing, a non-profit founded by NBA Hall of Famer and Miami...
Merchants Capital Secures $59+M for the Rehabilitation of Maryland-based Affordable Housing Development Amber Commons
Leading financial services provider Merchants Capital announced more than $59 million in financing for the rehabilitation of Amber Commons, a 198-unit multifamily housing development...
Standard Communities Makes First Investment in Michigan with Ground-Up Affordable Community River’s Edge in...
Standard Communities, a leading national multifamily affordable housing investor and developer, is making its entry into Michigan, in a joint venture with River Caddis...
BWE Secures $42.5M to Build New Affordable Housing Across the South
BWE, a national commercial and multifamily mortgage banking company, announced that it has secured a combined $42,502,000 in loans to finance the construction of...
Green Street Housing, HRH Holdings, and Good Works to Host Construction Celebration at Little...
Green Street Housing, HRH Holdings, and Good Works, will host a construction celebration for Little Patuxent Senior Apartments in Gambrills, Maryland. Little Patuxent Senior will...
Community Preservation Partners Announces Acquisition of Lexington Green Apartments Near San Diego
CPP (Community Preservation Partners), a mission-driven affordable housing preservation developer, has announced the acquisition and planned renovation of Lexington Green Apartments, an affordable housing complex...
