HTG Secures Financing for Affordable FL Community

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HTG Secures Financing for $25M South Florida Senior Housing HTG acquired the vacant tract to develop the property, while other funding sources came from TD Bank, Neighborhood Lending Partners and.

(Photo: Joe Rondone/Democrat, Joe Rondone/Democrat) Construction will start once the developer secures financing. the city’s affordable housing crunch. Last week, city commissioners appeared to.

Investors may obtain financing from HUD to build low-income housing. The IRS may also incentivize low-income housing through tax credits.

 · The Office of Community Services (OCS) partners with states, communities and agencies to eliminate causes of poverty, increase self-sufficiency of individuals and families and revitalize communities. Our social service and community development programs work in a variety of ways to improve the lives of many.

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The Community Builders Inc., a non-profit urban development organization, will construct Hillcrest Senior Residences. The project is planned to start in March and scheduled for opening in May 2017.

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 · The $36 million Princeton Park community, set to break ground this month at 13105 SW 248 St., will have all the units reserved for family households earning at or below 60 percent of the area median income, with 15 units set aside for extremely low income individuals at 33 percent AMI, the company says in an announcement published in Multi-Housing News (MHN).

JLL brokers the $29.4 million sale and arranges the $20.4 million acquisition loan for Fountain Square II in Tampa, Florida. Read more JLL secures $24.9M financing for atlanta apartment community. jll secures acquisition financing on behalf of Taurus Investment Holdings for 251 North, a multifamily property in Atlanta. Read more

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and selected AKAM On-Site Inc. for property management in May. The Residence Club will be located at 1 Golf Village Drive within the Ocean Reef Club, the 3.5-acre gated community in North Key Largo.

The memo said Miami-Dade wanted to pursue the project with Pinnacle because the complex has lined up hard-to-secure federal housing. to pursue market rate and affordable housing development.