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

CARMEL, Ind. (Oct, 2019) – 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. The 40-year 221(d)(4) New… Read more »