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60 Million of Tax-Exempt Bond Financing Available for Rental Housing Under New Notice of...
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
