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Presbyterian Villages of Michigan secures Blackstone exit from low-income senior homes

Presbyterian Villages of Michigan has secured sole ownership in two, low-income senior apartment communities in the region after settling a three-year-old lawsuit with Blackstone Capital subsidiary April Housing. ....

United States , Roger Myers , Woodbridge Manor , American International Group Inc , Sunamerica Housing Fund , Us District Court , Presbyterian Villages , Blackstone Capital , Eastern District , American International Group , Low Income Housing Tax Credits , April Housing ,

Sixth Circuit Gives Statutory Context to Affordable Housing ROFRs | Holland & Knight LLP

The federal low income housing tax credit (LIHTC) program, 26 U.S.C. § 42, is the largest driver of affordable housing in the country. In an effort to keep LIHTC projects affordable as. ....

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In Big Affordable Housing Lawsuits, Boston Firm Nixon Peabody Is Taking The Side Of The Investors

In Big Affordable Housing Lawsuits, Boston Firm Nixon Peabody Is Taking The Side Of The Investors
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AIG Subsidiary Sued Over Ownership of Brooklyn Rental

420 Stockholm Street in Bushwick with State Attorney General Letitia James (Google Maps, Getty)
New York City’s chief lawyer and the state’s attorney general have joined a nonprofit housing corporation’s fight over ownership of a multifamily building in Brooklyn.
RiseBoro Community Partnership is appealing a court decision that blocks it from taking ownership of 420 Stockholm Street in Bushwick, The City reported.
SunAmerica Housing Fund, a subsidiary of insurance giant AIG, invested in RiseBoro’s 29,000-square-foot affordable housing building through the federal Low Income Housing Tax Credit program in 1999. SunAmerica received a tax break for its investment, which helped fund RiseBoro’s renovation of the property. ....

New York , United States , Letitia James , Letitia James Google , Orion Jones , Emily Kurtz , Riseboro Community Partnership , York City Corporation Counsel James Johnson , Us Department Of Housing , Sunamerica Housing Fund , State Attorney General Letitia James , Google Maps , York City , Boro Community Partnership , America Housing Fund , Low Income Housing Tax Credit , New York City Corporation Counsel , Attorney General Letitia James , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , லீடிஶிய ஜேம்ஸ் , லீடிஶிய ஜேம்ஸ் கூகிள் , ஒரையந் ஜோன்ஸ் , யார்க் நகரம் நிறுவனம் ஆலோசனை ஜேம்ஸ் ஜான்சன் , எங்களுக்கு துறை ஆஃப் வீட்டுவசதி , நிலை வழக்கறிஞர் ஜநரல் லீடிஶிய ஜேம்ஸ் ,