Affordable Senior Housing Construction Financing
October 20, 2025
Represented a regional bank in connection with the construction loan financing for a multifamily affordable senior housing development in Connecticut. The project involved approximately 140 units owned by a local housing authority. The transaction included a forward-committed permanent Freddie Mac Tax-Exempt Loan (TEL) and a Low-Income Housing Tax Credit (LIHTC) equity investment arranged by the lender. The firm has handled similar transactions utilizing Fannie Mae MBS as Tax-Exempt Bond Collateral (M-TEB) structures with both tax-exempt and taxable components.