State’s Investment of Federal Tax Credits to Create and Preserve More Affordable Housing

    State’s Investment of Federal Tax Credits to Create and Preserve More Affordable Housing

    STATEWIDE – July 25, 2013 – (RealEstateRama) — Affordable housing for seniors, working families and people with disabilities is on the horizon for Illinois communities. As the state housing finance agency under Governor Pat Quinn, the Illinois Housing Development Authority (IHDA) Board recently approved the allocation of federal tax credits generating an estimated $62.2 million in private equity to create more than 620 new and refurbished affordable rental units and generate more than 930 jobs across Illinois.

    Previous articleStudy Confirms: RE/MAX Sells More Real Estate
    Next articleLee & Associates Closes $10.2 Million Sale of McCarran Corporate Plaza