Albany, NY – August 15, 2013 – (RealEstateRama) — Governor Andrew M. Cuomo today announced that New York State’s Housing Finance Agency (HFA) had approved the issuance of bonds and low-income housing tax credits (LIHTC) that will fund needed repairs, maintenance and capital improvements at nine different Mitchell-Lama buildings in the Bronx with a total of 1,276 units. As part of the refinancing, affordability at these developments will be extended for 40 years.
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