Affordable Housing Finance – New Development to Provide Housing for Native Hawaiians
Supported by housing tax credit equity from Hunt Capital Partners, the community will have a rent-to-own option.
Supported by housing tax credit equity from Hunt Capital Partners, the community will have a rent-to-own option.
Following construction completion in 2024, The Heights at MacArthur will offer 13 one-bedroom, 42 two-bedroom and 21 three-bedroom units, set aside for family households earning up to 30, 50 and 60 percent of the area median income.
The Heights at MacArthur property will offer one-, two- and three-bedroom units that will be reserved for renters earning between 30 and 60 percent of the area median income.
The project was made possible under a collaboration with Urban Housing Communities, LLC, Ikaika ‘Ohana, and Hunt Capital Partners. The grand opening marks Hunt Capital Partners’ 13th completed project in Hawai‘i, bringing the syndicator’s statewide footprint to a total of 859 affordable homes for low-income renter households.
In partnership with Sycamore Strategies and Stuart Shaw Family Development, Hunt Capital Partners announced the closing of $13.6 million in Federal LIHTC equity for the construction of Mariposa Apartment Homes at Scott & White Boulevard (Mariposa Scott & White).
Hunt Capital Partners has announced the closing of a $14.1 million low-income housing tax credit (LIHTC) investment in Saison North, a 116-unit affordable housing community that is being built in Austin, Texas.
Fort Worth, Texas, has boomed in the 21st century, with a nearly 90% increase in its population since 2000 putting the city just below 1 million residents.
Nuestra Senora - The Downtown El Paso area’s newest apartment project launched Wednesday after overcoming 18 months of delays tied to the COVID-19 pandemic and a federal regulatory roadblock.
Situated on six acres, Trailhead at Chamizal will feature 116 one-bedroom/one-bath units, 36 two-bedroom/one-bath units, 32 two-bedroom/two-bath units and 20 three-bedroom/two-bath units. The residences are designated for families earning up to 60 percent of area median income.
The property is located on land of the Yurok Indian Tribe Reservation. The 9 percent Low-Income Housing Tax Credit (Housing Credit) was used to finance development of the property, with financing facilitated by Hunt Capital Partners. Travois provided consulting and architectural services for the development.
Tory Hinton
21031 Ventura Blvd., Suite 604
Woodland Hills, California 91364
818-849-5114
tory@maizemarketing.com
15910 Ventura Boulevard, Suite 1100
Los Angeles, CA 91436
(818) 380-6100
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