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Federal Low Income Housing Tax Credit Program

Real Estate
Affordable Housing Community Breaks Ground In Westchester: Will Have Over 300 Units Affordable Housing Community Breaks Ground In Westchester: Will Have Over 300 Units
Affordable Housing Community Breaks Ground In Westchester: Will Have Over 300 Units Construction has begun on a new $223 million affordable housing development in Westchester that will create hundreds of new homes.  The project, called Opal 115, will bring 315 affordable apartments to the city and is being built in partnership with Forward Thinkers Development, Grandview Consulting, and The NRP Group.  The development, which will hold a groundbreaking ceremony on Tuesday, Dec. 17, will provide housing for households earning 40 to 90 percent of the Area Median Income.  Nearly half of the apartments will be two- and three-bedroom units designed to accommodate…

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by Ben Crnic