St. Mary Development Corporation recently increased their existing line of credit from $1.7 million to $2 million for predevelopment activities, including for the Senior Village at Kettering Town Center. The $300,000 increase will allow St. Mary Development Corporation to draw funds for land acquisition and other predevelopment expenses prior to LIHTC construction closing.
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Lakes Region Community Developers | Bay Street Apartments
NeighborWorks Capital is pleased to extend a $673,000 construction-to-permanent loan to Lakes Region Community Developers for Bay Street Apartments.