Affordable Seniors Project Lands Construction Financing

Douglaston Development, along with New York State Homes and Community Renewal and the New York City Department of Housing Preservation and Development closed on construction financing for a 188-unit affordable senior housing development in the Bedford Park area of the Bronx. HCR provided $32.1 million in tax-exempt bond financing, Low-Income Housing Tax Credits that will generate $33.

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Gillian Executive Search is a leader in Affordable Housing Development, Financing, Design and Construction recruiting. www.gessearch.com