Cinnaire announced the closing of the Cinnaire Fund for Housing Partnership 42, a $190 million multi-investor LIHTC fund. This significant milestone will support the creation or preservation of 1,478 affordable multifamily homes across 21 properties, serving over 3,400 individuals.
Related Posts
Kevin Day Joins R4 Capital to Maximize Disposition Goals
R4 Capital welcomed Kevin Day as director of capital transactions and asset strategies based in the firm’s New York office.
National Church Residences’ Key Leadership Promotions and Hiring
National Church Residences announced updates to its leadership team within the Affordable Housing Management and Housing Development departments.
Merchants Capital New York Provides $2.2B in 2024 Financing, Expands Debt and Equity Production
The New York office of leading financial services provider Merchants Capital announced a total production volume of $2.2 billion for 2024, setting a new threshold for debt and tax credit equity investments in multifamily affordable housing.
KeyBank Community Development Lending and Investment Provides $41M for Affordable Housing in Pittsburgh
KeyBank Community Development Lending and Investment (CDLI) provided a $27 million construction loan and arranged a $14.4 million Private Placement permanent loan to finance the adaptive reuse of the First & Market office building.