KeyBank Community Development Lending and Investment (CDLI) provided $20.2 million for the construction of new affordable housing in Anchorage, Alaska. CDLI provided $9 million in LIHTC equity, $10 million in construction loans and a $1.3 million permanent loan to finance the new construction of Ch’bala Corners II, a 38-unit, family project developed and managed by Cook Inlet Housing Authority (CIHA).
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