Way Finders closed on a $3,000,000 enterprise loan that will help capitalize the organization’s internal fund to support predevelopment and acquisition activities for affordable housing development in central and western Massachusetts. With six projects already in their pipeline, Way Finders will use the funding for design and engineering work, preparatory site work, environmental assessments, and the purchase of land for existing and future projects.
NeighborWorks Capital and National Equity Fund Announce LIHTC Equity Fund to Empower Partner Organizations
The innovative fund, exclusive to members of the NeighborWorks America network, will provide LIHTC equity with equitable, consistent terms, helping create and preserve more affordable housing across the country.