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Eastern Bank Provides Financing For LeClair Village Apartments, An Affordable Housing Development On Cape Cod

BOSTON, August 16, 2023 Eastern Bank is pleased to announce its financing for the development of the LeClair Village Apartments, in Mashpee, MA. Scheduled to open in 2025, LeClair Village will feature 39 affordable rental units designed to serve low- and moderate-income households, including 14 one-bedroom apartments, 21 two-bedroom units, and 4 three-bedroom apartments. Eastern is providing a construction loan for the build-out of the Village, permanent financing for the ongoing operations of ....

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Law impacting affordable housing now in effect in Ohio

Under the new law, developers will no longer be able to use two specific tax credits together: the Federal Low Income Housing Tax Credit and the Ohio Historic Preservation Tax Credit. ....

United States , Mike Dewine , Liz Keating , John Husted , Kristen Baker , House Bill , Federal Low Income Housing Tax Credit , Ohio Historic Preservation Tax , City Hall ,