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Rockport Provides $74M FHA Financing on NoLita Rental Building

Rockport Provides $74M FHA Financing on NoLita Rental Building

by Gordon Holman | Apr 16, 2020 | LIHC News

in: Commercial Observer by: Mack Burke on: April 15, 2020 Rockport Mortgage Corporation has originated a $74 million loan to LIHC Investment Group to refinance Little Italy Restoration Apartments (LIRA) at 21 Spring Street in the NoLita neighborhood of Manhattan. The...
East Village Section 8 Homes Are Getting $7.5M In Renovations

East Village Section 8 Homes Are Getting $7.5M In Renovations

by Gordon Holman | Nov 1, 2019 | LIHC News

in: PATCH by: Sydney Pereira, Patch Staff on: October 22, 2019 / Updated: October 30th. More than 240 apartments will be preserved as Section 8 housing and get $7.5 million in renovations. EAST VILLAGE, NY – Renovations are underway at hundreds of Section 8-backed...
More Than 650 Affordable Apartments Preserved in High-Cost New York City Neighborhoods

More Than 650 Affordable Apartments Preserved in High-Cost New York City Neighborhoods

by Gordon Holman | Aug 15, 2018 | Press Releases

For Immediate Release: Wednesday, August 15, 2018 Source: NYC Housing Preservation & Development New 40-Year Affordability Agreements with HPD and HDC will Prevent Section 8 Properties from being converted to Market-Rate Housing New York, NY— The New York City...
City Strikes Deal To Preserve 95 Affordable Inwood Apartments

City Strikes Deal To Preserve 95 Affordable Inwood Apartments

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...

Recent Posts

  • LIHC Named Top 20 Owner by Multi-Housing News for 2022
  • Risley Dent Towers in Brooklyn Receives $35M in HUD Financing for Rehabilita­tion and to Extend the Affordability of 248 Homes Through 2044
  • Fairstead and LIHC Investment Group announce new ground-up mixed-income development at Essex Plaza in Newark, NJ
  • Fairstead and LIHC Investment Group Announce New Ground-Up Mixed-Income Development at Essex Plaza in Newark, NJ
  • Fairstead, LIHC Acquire NJ Affordable Housing Portfolio

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