Monday, May 20, 2024

Cleveland-area affordable housing wins financing

The Walton Senior Apartments is proposed to be built on a vacant lot
on Clark Avenue with access from Walton Avenue, west of Fulton
Road. This project won conditional approval from the state for
the coveted 9 percent Low Income Housing Tax Credits (RDL).
CLICK IMAGES TO ENLARGE THEM.

While only one proposed affordable housing development in Cuyahoga County was awarded the coveted 9 percent Low Income Housing Tax Credits (LIHTC) from the state, four others in the county got conditional approval, putting them in a good position to get financing in the near future. All five developments, if built, would add 247 total units of affordable housing in the county.

READ MORE

No comments:

Post a Comment