KeyBank Provides $21 Million of Financing for Affordable Senior Housing Property in New York
CLEVELAND, OH / ACCESSWIRE / June 29, 2023 / KeyBank Community Development Lending and Investment (CDLI) provided a $9 million construction loan and $12 million in Low-Income Housing Tax Credit (LIHTC) equity for the construction of an affordable senior housing property in Morrisville, New York.Community View Apartments will consist of 61 units for individuals aged 55 and older and earning no more than 30%, 40%, 50% and 60% of the area median...
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