The former Hattiesburg High School building on Main Street is only a couple of months from being transformed into Preservation Crossing, a new facility that will feature approximately 75 to 80 age-restricted apartment units.
Affordable Housing Finance announced The Vineyard on Lancaster is a finalist in the Special Needs category.
The Vineyard on Lancaster features 98 affordable and six market-rate homes plus a health clinic.
The $116.6 million Hunt Capital Partners Fund 37 (HCP 37) will provide equity to finance the rehabilitation or new construction of 16 affordable housing developments - 13 family and three senior communities across nine states.
Equity for the project was provided by Hunt Capital Partners while construction and permanent financing was provided by Citibank USA. Additional funding was provided through the Hawaii Housing Finance Development Corp.’s tax-exempt bonds and tax credit program, and the County of Maui’s HOME loan and Housing Trust Funds.
Hunt Capital Partners, in collaboration with Saigebrook Development, announced the closing of $12.9 million in federal low-income housing tax credit (LIHTC) equity financing for the construction of Everly Plaza.
Construction crews have been at work on the foundation of a new affordable housing project in Klamath Falls, the Sunrise Vista Apartments.
With the development of Crossings on Monterey, a 39-apartment affordable housing development, Morgan Hill received a much-needed injection of affordable housing.
Hunt Capital Partners syndicated $8.4 million in federal LIHTC equity and $5.7 million in state LIHTC equity through a multi-investor fund.
Hunt Capital Partners provided almost $13 million in LIHTC equity through one of its proprietary funds.
Tory Hinton
21031 Ventura Blvd., Suite 604
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818-849-5114
tory@maizemarketing.com
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Los Angeles, CA 91436
(818) 380-6100
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