Hunt Capital Partners, in partnership with developer Envolve Communities LLC, announced the closing of $4.8 million in Federal LIHTC equity financing for the acquisition and rehabilitation of Logan’s Pointe, a current Texas development offering 100 affordable homes for families earning up to 50 and 60 percent of the area median income. Originally built in 2002 utilizing nine percent LIHTCs, Logan’s Pointe is 97 percent occupied with a waiting list of 190 households.
Related Posts
CSG’s Unlocking Opportunities: Innovations in Lending and Financing Workforce & Affordable Housing
Join the experienced Production Team at Churchill Stateside Group (CSG) for an insightful and informative webinar delving into various aspects of the current lending market.
TAT Honored by Preservation Mass. for Transforming Historic Landmarks
The Architectural Team announced that its founder, Robert J. Verrier, FAIA, NCARB, has been posthumously recognized with Preservation Massachusetts’ highest honor, the Paul & Niki Tsongas Award, given to people who have displayed the highest level of commitment to historic preservation.
SRM Closes on Rare Purchase of Two 14-Story Towers in First Hill; Permanently-Preserves More than 350 Workforce Housing Units
SRM announced the purchase of ‘The Mill at First Hill, two buildings in Seattle’s First Hill neighborhood, which will permanently preserve 358 units of workforce housing.
Massachusetts Lieutenant Governor Kim Driscoll and The Community Builders Celebrate Groundbreaking for Workforce Housing in Provincetown
Massachusetts Lieutenant Governor Kim Driscoll joined the Community Builders to celebrate the groundbreaking for Province Post, a 65-unit mixed-income, workforce housing community for families.