Blackstone to Provide an Additional $31 Million of Tax Credit Equity to Support Dominium’s Latest 196-Unit LIHTC Development in Phoenix, Arizona
. | April 13, 2023
WASHINGTON, DC - The District of Columbia Housing Finance Agency (DCHFA) has issued $23.1 million in tax exempt bonds for the construction of Alabama Avenue Apartments in Ward 8. The Agency underwrote $22 million in federal and local Low Income Housing Tax Credit equity for the development of this 100 percent affordable community.
“As construction continues to increase in Ward 8, DCHFA is committed to ensuring that long-term residents are able to remain in their communities,”.
SAN ANTONIO, TX - Development partners and City officials gathered at the site of the future Los Arcos at VIDA to celebrate the groundbreaking of a new affordable housing development on San Antonio’s south side. Los Arcos, which translates to “the arches” in Spanish, is the first project to break ground that utilizes funds from the 2022–2027 City of San Antonio (COSA) Housing Bond Program.
MANATEE COUNTY, FL - Lincoln Avenue Capital (LAC), a mission-driven acquirer and developer of affordable housing, recently broke ground on the 301 Flats and The Savoy at 301 during a ceremony with County officials and financing partners. LAC s first new-construction projects in Florida represent an exciting avenue for the company to continue growing its nationwide portfolio and expanding its impact to communities where families and individuals lack access to affordable homes.