by Gordon Holman | Apr 10, 2019 | LIHC News
The existing 140 units at Munjoy South must remain available for low-income renters. Portland Press Herald | by Randy Billings April 8, 2019 – A low-income housing development with harbor views in a rapidly gentrifying area of Portland has been sold to an...
by Gordon Holman | Nov 7, 2018 | LIHC News
Summit Plaza joined LIHC’s portfolio of properties at the end of 2014. Since then, they have invested over $18M in renovations to the property, ranging from new kitchens to new security cameras and trash disposal systems. Jersey City, NJ Last week, LIHC’s partner...
by Gordon Holman | Oct 3, 2018 | LIHC News
By: Brendan Krisel, Patch National Staff Source: Patch The Lakeview Apartments’ Mitchell-Lama status will be dissolved in a deal to keep the building affordable for the next four decades. East Harlem, NY (October 1, 2018)— State officials revealed more...
by Gordon Holman | Aug 17, 2018 | LIHC News
Photo: The Paul Robeson Houses in Harlem, which features 81 project-based Sec. 8 units, is among the properties being preserved by LIHC Investment Group. Source: Affordable Housing Finance New 40-year agreements prevent 669 Sec. 8 units from converting to market-rate...
by Gordon Holman | Aug 16, 2018 | LIHC News
Source: The Lo-Down: News from the Lower East Side The affordability of 243 rental apartments in the East Village has been locked in for 40 years under an agreement announced yesterday. New York, NY (August 16, 2018)—LIHC Investment Group recently struck a deal with...
by Gordon Holman | Aug 15, 2018 | LIHC News
by: Brendan Krisel in: Washington Heights—Patch An affordable housing developer and the city will preserve the current Section 8 housing as part of a 40-year tax abatement. INWOOD, NY (August 15, 2018)—The city has struck a deal with housing developer LIHC Investment...