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NEW YORK, NY - The New York office of leading multifamily financier Merchants Capital today announces it has secured more than $25.9 million for the renovation and upgrade of Mirador Las Casas, a Section 8 and Low-Income Housing Tax Credit (LIHTC) multifamily development located in San Juan, Puerto Rico. This project is notable as a return by the Puerto Rico Housing Finance to 4% LIHTC housing bond issuance.
The property features 294 units across 21 three-story buildings, with a variety of.