LOS ANGELES – The Greystone affiliate of America First Multifamily Investors LP has provided more than $33 million in tax-exempt and taxable loans for the construction of a 67-unit permanent housing building and a 21-unit transitional housing building in Los Angeles.
The construction financing will cover a significant portion of the $45.7 million development, which is titled, Hope on Avalon.
The planned properties will be located within South-Central Los Angeles and will provide housing to a total of 146 homeless individuals across two properties.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
