New affordable apartments for seniors

January 6, 2022

Share This Post

NeighborWorks Capital recently closed a $350,000 predevelopment loan to Connecticut Housing Partners for the development of Monroe Senior Housing, a 49-unit affordable senior building to be built in Monroe, Connecticut. CTHP will use 9% LIHTC equity, DOH soft financing, and a HUD 202 loan for the development. CTHP has renewed its development activities with new team members, and restores a 15-year relationship they’ve had with NC.

To learn more about predevelopment loans, please contact Mike Haas, Senior Loan Officer, at mhaas@neighborworkscapital.org.

Subscribe To Our Newsletter

Stay up to date with NeighborWorks Capital

More To Explore

Chief of Consulting

The Chief of Consulting (CC) is a member of the senior management team and has overall responsibility for the startup and buildout of a consulting business focused on the affordable housing and community development industry. The CC will need to be an entrepreneur at heart but also be able to work as part of a team. The CC is a critical strategic partner for the Chief Executive Officer (CEO) and will report directly to the CEO.

Welcome Matt Glatting, Chief Financial Officer, NeighborWorks Capital

Community Action Program of North Alabama (CAPNA) recently renewed an $800,000 enterprise loan with NeighborWorks Capital.

Enterprise Loan | Community Action Program of Northern Alabama

Community Action Program of North Alabama (CAPNA) recently renewed an $800,000 enterprise loan with NeighborWorks Capital.

Get In Touch

Loans@neighborworkscapital.org
Tel: (240) 821-1651
8484 Georgia Ave. Ste 330
Silver Spring, MD 20910

Hours: Mon-Fri 8am-6pm

Navigate

Stay Connected

Get updates on new Financing Solutions and hear about the work our partners are doing to strengthen communities.