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Merchants Capital Provides $13 Million in Financing for 142-Unit Historic Carolyn Mosby Affordable Housing Community in Gary, Indiana

NEW YORK, NY - The New York office of leading multifamily financial services provider Merchants Capital today announces it has provided more than $13 million in financing to a joint venture between Gorman & Company and the Gary Housing Authority (GHA) for the rehabilitation of the historic Carolyn Mosby Apartments in Gary, Indiana. The financing is integral to preserving the affordability of the project for its residents.
Located at 650 Jackson St. just west of downtown Gary, Carolyn Mosby. ....

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