Nevada HAND recently closed a $540,000 permanent loan with NeighborWorks Capital to refinance existing debt for Stewart Pines, a 72-unit affordable apartment development for low-income seniors in Las Vegas, Nevada. Funds will be used to take out the existing debt and pay for immediate repairs to the Subject Property.
NeighborWorks Capital and National Equity Fund Announce LIHTC Equity Fund to Empower Partner Organizations
The innovative fund, exclusive to members of the NeighborWorks America network, will provide LIHTC equity with equitable, consistent terms, helping create and preserve more affordable housing across the country.