In addition to serving
as an affordable housing investor and lender, PNC also is one of the largest tax credit syndicators in the country.
Not exact matches
Such bonds function
as an alternative to direct public financing of
housing projects: Since interest income on PABs is tax exempt,
investors are willing to buy them at very low interest rates, and this makes it relatively
affordable for states, municipalities, and nonprofits to finance
housing (and hospitals, infrastructure, and other public works) through the private capital market.
As a Realtor for over forty years, (and with Broker's licenses in seven states, in my career), I have had an interest in «
affordable housing» and could never make the numbers work for my
investors.
Canadian professional real estate
investors use Garden Suites in Canada to create more
affordable housing for seniors
as well
as disable Canadians.
I can tell you
as an active fund manager in the nationwide preservation of
affordable housing, the competition to acquire buildings most difficult to match is in the form of either
investors who project spending little (if any) in capital improvements (to maximize cash flow) or those who plan to displace these
affordable residents by petitioning to remove the rental restrictions and bring the apartment community back to market rental rate returns.
Eddie's newest real estate venture, Impact
Housing REIT, is on a mission to deliver good financial, social and environmental returns to investors, while providing more affordable, better quality housing, as well as HAPI - sponsored free health - related education, fitness, gardening, and nutrition programs to residents and families living in apartment commu
Housing REIT, is on a mission to deliver good financial, social and environmental returns to
investors, while providing more
affordable, better quality
housing, as well as HAPI - sponsored free health - related education, fitness, gardening, and nutrition programs to residents and families living in apartment commu
housing,
as well
as HAPI - sponsored free health - related education, fitness, gardening, and nutrition programs to residents and families living in apartment communities.