Tag : LIHTC

Boston Financial Closes $290 Million National Multi-Investor Fund
Finance Fintech Funding News

Boston Financial Closes $290 Million National Multi-Investor Fund

Fintech News Desk
Largest LIHTC Fund Syndicated by Boston Financial in 15 years Boston Financial Investment Management announced the closing of Boston Financial Institutional Tax Credits 56 Limited Partnership (“ITC 56”), a $290 million Low Income Housing Tax Credit (“LIHTC”) fund. ITC 56 is comprised of 23 tax credit investments that will finance......
Lument Provides $28.8 Million Freddie Mac Unfunded Forward Loan for Affordable Multifamily Development in Phoenix
Finance News

Lument Provides $28.8 Million Freddie Mac Unfunded Forward Loan for Affordable Multifamily Development in Phoenix

Fintech News Desk
Lument recently announced the closing of a $28.8 million Freddie Mac Unfunded Forward loan to finance the construction of Mesquite Terrace Apartments, a 297-unit affordable housing community in Phoenix, Arizona. Tim Hoppin, director in Lument’s Denver, Colorado office, was the lead on the transaction. The sponsor is first-time Lument client, Trinity Housing Development, which has extensive......
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