Central at South Haymarket
Overview
Size |
$85 Million Construction Loan, LIHTC Equity, and Permanent Loan |
---|
Summary
Key Community Development Lending & Investment provided $85 million in financing for the new construction of Central at South Haymarket, a 175-unit affordable housing project in Lincoln, Nebraska. All 175 units serve familes and individuals earning no more than 50 - 70% of area median income. Supportive services will be offered to residents and include English language learning classes, financial literacy education, food support and nutrition education, and a scholarship program. The financing includes a construction loan, LIHTC equity, and a permanent loan. We want to thank The Annex Group for their commitment to building much needed affordable housing in Nebraska.
Banking products and services are offered by KeyBank National Association. All credit products are subject to collateral and/or credit approval, terms, conditions, and availability and subject to change.