State to Gain More Than $300 Million in Affordable Apartments

State to Gain More Than $300 Million in Affordable Apartments

July 6, 2011 – (RealEstateRama) — Federal tax credits and other financing awarded last week to build affordable apartments is expected to support 6,900 jobs statewide. More than $300 million in development will result from the federal tax credits, bonds, and loans approved by the Tax Reform Allocation Committee and the North Carolina Housing Finance Agency.

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