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From Lovely Warren to the mayor of Delaware and more: See the comments submitted on the M&T/People's United merger

From Lovely Warren to the mayor of Delaware and more: See the comments submitted on the M&T/People's United merger
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Red Stone Equity Partners Closes $207-million LIHTC Investment Fund, Largest in Company History


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NEW YORK, May 19, 2021 /PRNewswire/  
Red Stone Equity Partners LLC ( Red Stone Equity or the Company ), a privately-owned real estate finance and investment company specializing in affordable multifamily residential funds and financings, announced the closing of
Red Stone Equity – Fund 84 Limited Partnership ( Fund 84 ), a $207-million multi-investor Low Income Housing Tax Credit ( LIHTC ) investment fund.  Fund 84 is the 18
th and largest Red Stone Equity multi-investor fund offering to close since the Company s inception and includes investments from 12 different institutional investors, 11 of which are repeat Red Stone Equity investors and one of which is a first-time Red Stone Equity investor.  Fund 84 s proceeds will be used, along with other project-level financing sources, to finance the construction and/or rehabilitation more than 1,600 units of affordable rental housing contained within 23 properties located in 11 different st ....

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A New Apartment Complex Opens In GB


A New Apartment Complex Opens In GB
The Community Development Corporation of South Berkshire (CDCSB) has teamed up with Berkshire Housing Development Corporation (BHDC) for a LIVE Zoom session that features a Tuesday afternoon ribbon cutting ceremony to welcome The Bentley Apartment Complex in Great Barrington. Some of the invited guest will include donors, funders, town and state officials, construction workers and community partners. The  event is scheduled for 2 pm.
CDCSB Executive Director Alison Marchese reiterated:
We are celebrating the renewal and redevelopment of the abandoned property in the center of Great Barrington and the completion of Bentley Apartments 45 new affordable rental units. This is an opportunity to acknowledge the success of the CDCSB board and thank our co-sponsors Berkshire Housing Development Corporation as well as the state wide team who helped create these much needed affordable, safe and healthy homes ....

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