During the last round of awards in March 2017 Maryland granted $2 million in Low Income Housing Tax Credits
to 20 projects in 16 jurisdictions.
Regions Bank is a participant in affordable housing finance through the Low Income Housing Tax Credits
(LIHTC) Program and provides comprehensive real estate corporate banking and capital management services to meet the debt and capital needs of developers and investors.
First Sterling is a national syndicator of investment funds benefiting from Low Income Housing Tax Credits
assist in the preparation of applications for an allocation of low income housing tax credits
The city has awarded $3 million in federal Low Income Housing Tax Credits
for 709 units of housing under a second round of funding.
The transaction is composed of Low Income Housing Tax Credits
PRDG's Via Verde plan consists of both affordable rental and homeownership units and the proposal assumes that the rental units will be funded through a combination of the Housing Development Corporation's (HDC) New Housing Opportunity Program and Low Income Housing Tax Credits
, and that the homeownership units will use HDC's Affordable Co-op Program and New Market Tax Credits.
the nation's largest nonprofit syndicator of low income housing tax credits
Housing Finance Authority funded the loan and equity was raised through the sale of low income housing tax credits
The rating affirmations are the result of paydown and ongoing concerns regarding the borrower's ability to meet debt service obligations due to the expiration of their low income housing tax credits
Constructed in 2005 using Low Income Housing Tax Credits
, the property is 100% restricted to tenants earning less than the AMI, with a preference for seniors over 55.
Eric's experience as a developer of affordable housing gives him a deep understanding of the needs of community developers and the specialized financing requirements and available resources, including Low Income Housing Tax Credits
, tax-exempt bonds and other public and private financing sources.