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Construction Underway at Northern Virginia Affordable Development

Construction Underway at Northern Virginia Affordable Development
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Merchants Capital Secures Construction, Permanent Financing, and LIHTC Equity for Affordable Housing Community in Arizona

CARMEL, IN - Leading financial services provider Merchants Capital today announces it has provided approximately $90 million in construction, permanent financing and Low-Income Housing Tax Credit (LIHTC) equity for the development of Solana Villas, a federal LIHTC community to be built in Buckeye, Arizona near Phoenix. The community will be developed by prominent commercial real estate developer Roers Companies, with financing provided by Merchants Capital and Merchants Bank of Indiana. ....

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Merchants Capital Secures $77 Million in Financing for New 178-Unit Affordable Housing Development in Saint Paul, Minnesota

ST PAUL, MN - Leading multifamily financing provider Merchants Capital today announces it has provided more than $77 million in financing for the development of Soul, an affordable, mixed-use development in Saint Paul, Minnesota. The property – owned and developed by the key partner on the project, Schafer Richardson – is a crucial redevelopment project for the city and an important factor in its commitment to expanding and improving access to affordable housing within Saint Paul. ....

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Merchants Capital provides $77 million in financing for Saint Paul apartment development – REJournals

Merchants Capital provides $77 million in financing for Saint Paul apartment development – REJournals
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