KeyBank Community Development Lending and Investment (CDLI) provided $23 million in financing for the roughly $20.3 million project. Financing breakdown includes a $10 million construction loan, a $4 ...

Lawmakers and housing advocates have long called for an expansion of the federal Low Income Housing Tax Credit program as a ...

CLEVELAND, OH / ACCESS Newswire / / KeyBank Community Development Lending and Investment (CDLI) provided a $15.5 million ...

The biggest subsidy for apartment construction is the Low Income Housing Tax Credit (LIHTC). Reforming and eventually replacing this spendy program should be at the top of any to do list for a new ...

In 1991, Hardee joined the firm as a regional property manager at Lawson Realty Corp., its property management subsidiary. He ...

The redevelopment will be in 5 phases. Once completed, it'll have 350 total mixed-income apartments, a renovated community center and a park.

CLEVELAND, OH / ACCESS Newswire / / KeyBank Community Development Lending and Investment (CDLI) provided a $9.8 million ...

I’ve said it many times: Housing built using Low Income Housing Tax Credits (LIHTC) are incredibly expensive, inefficient, and take a long time to build. And when they are completed, they never ...

The nonprofit low-income housing tax credit (LIHTC) syndicator and real estate investment manager reported raising and ...

After receiving approval of its detail plan in July, River Caddis Developments is proceeding with its affordable housing project at the former Eastlawn Elementary School site. River Caddis received ...

It also surpassed its affordable housing goals with record 2024 volume.

With $1 billion in LIHTC equity investments in 2024, Freddie Mac achieved its LIHTC equity Duty to Serve targets. Since 2018, Freddie Mac Multifamily has committed over $5 billion in LIHTC equity, ...