60 Million of Tax-Exempt Bond Financing Available for Rental Housing Under New Notice of Funding Availability (”NOFA”)

April 15, 2010 – (RealEstateRama) — The Connecticut Housing Finance Authority (CHFA) announces availability of approximately $60,000,000 for construction and permanent Tax-Exempt Bond (TEB) financing for multifamily rental housing developments. TEB financing is typically paired with 4% Low-Income Housing Tax Credits (LIHTC) as a source of investor equity. Under this notice of funding availabilty, CHFA will be accepting both TEB financing and 4% LIHTC applications


More info...

SHARE
Avatar

Connecticut RealEstateRama is an Internet based Real Estate News and Press Release distributor chanel of RealEstateRama for Connecticut Real Estate publishing community.

RealEstateRama staff editor manage to selection and verify the real estate news for State of Connecticut.

Contact:

Previous articleOHFA seeks nominations for outstanding homeownership programs
Next articleGranholm Administration Unveils Plan to Help Homeowners Avoid Foreclosure with $154.5 million in Federal Funds