New affordable apartments for seniors

Share on facebook
Share on linkedin
Share on twitter
Share on email

Share This Post

NeighborWorks Capital recently closed a $350,000 predevelopment loan to Connecticut Housing Partners for the development of Monroe Senior Housing, a 49-unit affordable senior building to be built in Monroe, Connecticut. CTHP will use 9% LIHTC equity, DOH soft financing, and a HUD 202 loan for the development. CTHP has renewed its development activities with new team members, and restores a 15-year relationship they’ve had with NC.

To learn more about predevelopment loans, please contact Mike Haas, Senior Loan Officer, at

Subscribe To Our Newsletter

Stay up to date with NeighborWorks Capital

More To Explore