Merchants Capital Secures $5M+ for Affordable Housing in FL; Among First to Close Under LIHTC Pilot

CARMEL, Ind., Nov. 19, 2019 /PRNewswire/ — Mortgage banking company Merchants Capital has secured $5.1 million in financing for an affordable housing development in Dade City, Florida – one of the first to close under the Low-Income Housing Tax Credit (LIHTC) Pilot Program. The loan was secured on behalf of Arbour Valley Communities.

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