Affordable Housing Projects

Posted by on May 6, 2011 in Previous Projects | 0 comments

    • 21-unit senior housing project with 5,800 SF of retail, developed with project financing supported by Low Income Housing Tax Credits, to be developed in Schenectady, NY.

 

 

WRC is a Member of the Landwhite Developers LLC and is assisting in transactional structuring, value enginnering and project management.  Landwhite developments include the following:

  • 332-unit, 4-story, $81 million redevelopment of the historic 1929 Rosenwald Apartment complex, including market rate and affordable units, with 56,925 SF of retail, components of the development are qualified for Federal Historic Tax Credit and Low Income Housing Tax Credits, Chicago, IL to be financed through HUD Section 220 with assitional funding provided through EB5 investment and significant TIF/City Grant subsidies.

 

  • 156-unit Village at Southgate Low Income Tax Credit project to be developed in Rockford, IL.

 

  • 45-unit, $6.3 million redevelopment of the historic 2-story Church School located in Rockford, IL.  Church School Lofts will be comprised of 21 1-bedroom and 24 2-bedroom affordable housing units.

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