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Habitat Awarded $4 5 Million in Low-Income | MultifamilyBiz com

CHICAGO, IL - Chicago-based Habitat, a leading U.S. multifamily developer and property manager, today announced it has received $4.5 million in low-income housing tax credits (LIHTC) from the city of Chicago for major renovations to Riverside Village, located at 13215 S. Indiana Ave., a fully affordable housing community with 258 units across 39 buildings in the city’s Riverdale neighborhood. The awarded tax credits will help Habitat refinance the existing debt on the property and fund.

United statesBrandon johnsonCharlton hamerChicago department of housingHabitat affordable groupUs department of housingRiverside villageMayor brandon johnsonChicago departmentSouth sideHabitat affordableMayor johnsonArea median incomeQualified allocation planHicago cre

Affordable housing developments in Edgewater, West Pullman among those awarded low-income housing tax credits

The Interfaith Housing Development Corp. and the Bickerdike Redevelopment Corp. have apartment buildings that will focus on providing affordable housing to families in Chicago.

United statesGarfield parkWest pullmanCity of chicagoMartha washingtonPerry viettiBrandon johnsonJanetl smithHarry ostermanConstruction group chathamPublic affairsEvergreen real estate group housing north centerHousing development corpSouthside centerMichaels development company east garfield parkIllinois housing development authority

Cedar Glen Apartments received over $7M in state funding in 2019, report says

Cedar Glen Apartments received over $7M in state funding in 2019, report says
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South bendUnited statesTodd rokitaCedar glenDevelopment authoritySouth bend tribuneIndiana housingQualified allocation planPortage townshipIndiana attorney general todd

Low-Income Housing Tax Credit Policy Recommendations - Federation of American Scientists

The Low-Income Housing Tax Credit (LIHTC) is one of the few affordable housing programs with bipartisan support, because it both rewards private sector developers and produces housing for the low income.

United statesStanley changProfit housing associations lphasSocial innovationLow income housing tax creditQualified allocation planLimited profit housing associationsHousing act

Senate Appropriations Subcommittee Issues Testimony From Enterprise Community Partners President Donovan

Senate Appropriations Subcommittee Issues Testimony From Enterprise Community Partners President Donovan
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United statesDepartment of energyDistrict of columbiaNew yorkSonoma countyWhite houseState of californiaPuerto ricoNew jerseyHarris countyShaun donovanCommunity disaster resilience zonesBiden administrationSenate appropriations subcommittee on transportationDepartment of housingSettinga national adaptation